3 Alaska Admin. Code § 03.170

Current through September 25, 2024
Section 3 AAC 03.170 - Alternative mortgage instruments

A credit union may, with the prior approval of the department, make, purchase, and participate in alternative mortgage instruments if the legal rate of interest charged by the credit union is less than or equal to the maximum rate allowed by AS 06.01 or AS 06.45.

3 AAC 03.170

Eff. 1/21/81, Register 77

Authority:AS 06.45.010

AS 06.45.060(5)