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Title 3 . Commerce, Community, and Economic Development
Chapter 99 . Commercial and Industrial Financing
Section 300. Scope of article

3 AAC 99.300. Scope of article

The provisions of 3 AAC 99.300 - 3 AAC 99.390 apply to an application submitted to the authority for authority participation in a loan that is or could be financed by the issuance of bonds the interest on which is not excluded from gross income for federal income taxes under the Internal Revenue Code of 1986, as amended, and which bonds are not secured solely by a project applicant or a project.

History: In effect before 1988; am 1/11/88, Register 106; am 10/23/96, Register 141; am 11/1/99, Register 153

Authority: AS 44.88.080

AS 44.88.085

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Last modified 7/05/2006