11 Alaska Admin. Code § 39.630

Current through November 28, 2024
Section 11 AAC 39.630 - Straight amortization

The board will use straight amortization on a restructured loan, unless the board determines on its own motion or based upon a request of the borrower that there is good cause for use of another amortization method. If the borrower wishes to request the use of another method, a borrower shall apply to the board to request that another method be used and provide reasons for the need to use another method.

11 AAC 39.630

Eff. 10/23/88, Register 108; am 6/1/2001, Register 158

Authority:AS 03.09.040

AS 03.10.020

AS 03.10.030

AS 03.10.033