Section 3 AAC 80.340 - Collateral(a) A vessel that can be documented must be documented to be acceptable collateral. If a vessel is offered as collateral for a loan, the department or its designee shall be permitted to inspect the vessel before making the loan.(b) A loan for the purchase of charter halibut permits will be made only if the permits are placed in the name of the applicant.Eff. 10/16/2012, Register 204Authority:AS 16.10.805
AS 16.10.815