Alaska Stat. § 16.10.923

Current through Chapter 3 of the 2024 Legislative Session
Section 16.10.923 - Voluntary assessment on sale of shellfish
(a) An association of persons who hold entry permits under AS 16.43 comprising at least 51 percent of the persons holding entry permits and actively participating in a fishery to be benefited by a hatchery program may levy and collect an assessment from among its members for the purpose of securing and repaying a loan made under AS 16.10.890 - 16.10.945.
(b) Upon satisfactory demonstration to the department that an assessment levied under this section may reasonably be relied on to secure and repay a loan to be made under AS 16.10.890 - 16.10.945, the department may make the loan.

AS 16.10.923

Added by SLA 2018, ch. 93,sec. 13, eff. 8/27/2018.