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Alaska Statutes.
Title 37. Public Finance
Chapter 17. Alaska Bidco Assistance Program
Section 660. Subsequent Loans.
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AS 37.17.660. Subsequent Loans.

Subject to the provisions of AS 37.17.520 (b), if the department determines that a BIDCO, after receiving a BIDCO capitalization loan, has performed well financially and in promoting the purposes of AS 37.17.500 - 37.17.690, and if more than four years have elapsed since the loan was made, the department may make an additional loan to the BIDCO, on the terms and conditions that the department considers appropriate.


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Last modified 9/3/2005