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Alaska Statutes.
Title 16. Fish and Game
Chapter 10. Fisheries and Fishing Regulations
Section 525. Repayment of Principal and Interest On Loans.
previous: Section 520. Limitation On Loans.
next: Section 530. Royalty Assessment On Sale of Salmon. [Repealed, Sec. 67 Ch 6 SLA 1984].

AS 16.10.525. Repayment of Principal and Interest On Loans.

The commissioner may not require the repayment of principal on a loan made under AS 16.10.510 for the initial period of the loan. Interest on the principal of a loan made under AS 16.10.510 does not accrue during the initial period of the loan. In this subsection, the "initial period of the loan" means a period of time determined by the commissioner that is not less than six years or more than 10 years from the date the loan is made.


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Last modified 9/3/2005