Section 20 AAC 15.750 - Loan deferment(a) Except where otherwise specified in AS 14.43.170-14.43.175 and 20 AAC 15.700 - 20 AAC 15.795, a borrower may defer payments after the beginning of the repayment period in accordance with the conditions set out in 20 AAC 15.965.(d) A deferment that is subject to a maximum term limit will be considered to have been exhausted when used for the maximum period of time for one or more loans awarded to a borrower.(e) A borrower who has received a deferment shall immediately notify the commission when the condition under which the deferment was granted no longer exists.(f) An endorser may not obtain a deferment.Eff. 7/1/2002, Register 162; am 12/31/2005, Register 176Authority:AS 14.42.030
AS 14.43.171
AS 14.43.175