Alaska Stat. § 16.10.555

Current through Chapter 3 of the 2024 Legislative Session

Section 16.10.555 - Disposal of property acquired by default or foreclosure

The Department of Commerce, Community, and Economic Development shall dispose of property acquired through default or foreclosure of a loan made under AS 16.10.500 - 16.10.560. 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.