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Alaska Statutes.
Title 3. Agriculture and Animals
Chapter 10. Alaska Agricultural Loan Act
Section 40. Creation of Fund.
previous: Section 35. Use or Disposal of Mortgaged Farm Land.
next: Section 50. Administration of Fund; Board of Agriculture and Conservation.

AS 03.10.040. Creation of Fund.

(a) There is an agricultural revolving loan fund which shall not exceed $75,000,000 to carry out the purpose of this chapter.

(b) Money in the fund may be used by the legislature to make appropriations for costs of administering this chapter and for operations of the Board of Agriculture and Conservation.


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Last modified 9/3/2005