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- Alaska Statutes.
- Title 26. Military Affairs, Veterans, and Disasters
- Chapter 15. Veterans' Loans
- Section 70. Sale or Transfer of Mortgages and Notes.
previous: Section 60. Sale or Transfer of Preferred Commercial Paper. [Repealed, Sec. 33 Ch 141 SLA 1988].
next: Section 80. Power of Commissioner to Assign and Sell Mortgages. [Repealed, Sec. 34 Ch 21 SLA 1985].
AS 26.15.070. Sale or Transfer of Mortgages and Notes.
- (a) The commissioner of commerce, community, and economic development may sell or transfer at par value or at a premium or
discount to any bank or other private purchaser for cash or other consideration the mortgages and notes held by the
Department of Commerce, Community, and Economic Development as security for loans made under this chapter.
- (b) [Repealed, Sec. 14 ch 122 SLA 1980].
Note to HTML Version:
This version of the Alaska Statutes is current through December, 2004. The Alaska Statutes were automatically converted to HTML from a plain text format. Every effort
has been made to ensure their accuracy, but this can not be guaranteed. If it is critical that the precise terms of the Alaska Statutes be known, it is recommended that more formal sources be consulted. For statutes adopted after the effective date of these statutes, see, Alaska State Legislature
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Last modified 9/3/2005