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Alaska Statutes.

Title 45. Trade and Commerce

Chapter 90. Tourism Revolving Fund

Section 40. Sale or Transfer of Mortgages and Notes.

AS 45.90.040. 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(b) [Repealed by Sec. 14 ch 122 SLA 1980].

Note to HTML Version:

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Last modified 9/3/2005