3 Alaska Admin. Code § 81.050

Current through December 21, 2024
Section 3 AAC 81.050 - Collateral

A loan must be secured by collateral acceptable to the department, such as an assignment of future revenue and the proceeds of sale of surplus fish and eggs, and may include a mortgage or other security instrument in real property, buildings, machinery and equipment, and fixtures.

3 AAC 81.050

Eff. 9/11/85, Register 95

Authority:AS 16.10.510

AS 16.10.520