3 Alaska Admin. Code § 41.045

Current through October 17, 2024

Section 3 AAC 41.045 - Ability to repay

The department will, in its discretion, consider the following factors in evaluating an applicant's ability to repay a proposed assumption:

(1) income history, including present income;

(2) prospects for future income;

(3) assets and their liquidity; and

(4) liabilities.

3 AAC 41.045

Eff. 9/11/85, Register 95

Authority:AS 26.15.010

AS 26.15.030

AS 26.15.040