3 Alaska Admin. Code § 99.850

Current through December 21, 2024
Section 3 AAC 99.850 - Ability to repay

The department shall consider the following factors in evaluating an applicant's ability to repay:

(1) income history, including present income;
(2) prospects for future income;
(3) assets and their liquidity;
(4) liabilities;
(5) reasonableness of projected profit and loss statement; and
(6) other relevant experience.

3 AAC 99.850

Eff. 2/8/2001, Register 158

Authority:AS 44.88.600

AS 44.88.610

AS 44.88.620