Statutes, codes, and regulations
Alaska Administrative Code
Title 3 - Commerce, Community, and Economic DevelopmentPart 13 - Alaska Industrial Development and Export Authority
Chapter 102 - New Markets Tax Credit Assistance Guarantee and Loan Program
Section 3 AAC 102.150 - Assumption

3 Alaska Admin. Code § 102.150

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Current through October 17, 2024
Section 3 AAC 102.150 - Assumption
(a) A request for permission to assume the obligations and benefits of a loan made under this chapter will be processed in the same manner as a loan application.
(b) A loan committee may permit an assumption only if the borrower is a good financial risk and the security of the loan fund is preserved or improved.

3 AAC 102.150

Eff. 3/29/2013, Register 207

Even though 3 AAC 102.150 was adopted and effective 3/29/2013, it was not published until Register 207, October 2013.

Authority:AS 44.88.085

AS 44.88.770