Alaska Stat. § 16.10.355

Current through Chapter 3 of the 2024 Legislative Session

Section 16.10.355 - Disposal of property acquired by default or foreclosure

The department shall dispose of property acquired through default or foreclosure of a loan made under AS 16.10.300 - 16.10.370 or former AS 16.10.650 - 16.10.720. Disposal shall be made in a manner that serves the best interests of the state, and may include the amortization of payments over a period of years, but may not be by lease.