20 Alaska Admin. Code § 14.055
Current through September 25, 2024
If an installment on a loan is 30 days or more past due on the loan's payment schedule, the corporation may require the loan borrower to pay a late fee of up to $15 for the installment. If a deferment of payment on a loan is approved under 20 AAC 15.965, the corporation may waive the late fee. This section applies to a loan that the corporation has originated, purchased, or participated in purchasing under AS 14.42.200.
20 AAC 14.055
Before July 31, 2016, the substance of 20 AAC 14.055 was contained in former 20 AAC 15.810. The history note for 20 AAC 14.055 does not reflect the history of the section under its former number.
Authority:AS 14.42.150
AS 14.42.200