Alaska Stat. § 29.55.115

Current through Chapter 61 of the 2024 Legislative Session and 2024 Executive Orders 125, 133 through 135
Section 29.55.115 - Notice to mortgage holder required for participation

Before a municipality may enter into a written contract with a record owner of property to impose an assessment to repay the financing of an energy or resilience improvement project under AS 29.55.100, the property owner shall

(1) give each holder of a mortgage lien on the property at least 30 days' written notice of the intention of the property owner to participate in a program under AS 29.55.100; and
(2) obtain written consent from each holder of a mortgage lien on the property.

AS 29.55.115

Amended by SLA 2022, ch. 28,sec. 15, eff. 6/30/2022.
Added by SLA 2017, ch. 25,sec. 5, eff. 9/7/2017.