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Alaska Statutes.
Title 16. Fish and Game
Chapter 10. Fisheries and Fishing Regulations
Section 555. Disposal of Property Acquired By Default or Foreclosure.
previous: Section 550. Sale or Transfer of Mortgages and Notes. [Repealed, Sec. 14 Ch 122 SLA 1980].
next: Section 560. Definitions.

AS 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.


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Last modified 9/3/2005