3 Alaska Admin. Code § 99.875

Current through December 21, 2024

Section 3 AAC 99.875 - Disbursement of loan money

Loan money will be disbursed when

(1) a security interest in the collateral is perfected for the benefit of the rural development initiative fund;

(2) requirements of the loan committee have been met;

(3) the applicant is in compliance with all other provisions of the loan documents, AS 44.88.600 - AS 44.88.620, and 3 AAC 99.825 - 3 AAC 99.899; and

(4) the applicant has paid all required costs and fees.

3 AAC 99.875

Eff. 2/8/2001, Register 158

Authority:AS 44.88.600

AS 44.88.610

AS 44.88.620