- Alaska Statutes.
- Title 45. Trade and Commerce
- Chapter 81. Business Loan and Grant Programs
- Section 220. Sale or Transfer of Mortgages and Notes.
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Section 230. Disposal of Property Acquired by Default or Foreclosure.
AS 45.81.220. Sale or Transfer of Mortgages and Notes.
- (a) The commissioner 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 AS 45.81.200 - 45.81.290.
- (b) [Repealed, Sec. 33 ch 141 SLA 1988].
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