3 AAC 105.480. Completion of bid requirements

After the time for appeal under 3 AAC 105.470 has run, or after the executive director has issued a decision under that section, the authority will notify the successful applicant or bidder that the authority intends to proceed with the transfer of the property to that applicant or bidder. Within 30 days after receiving notice of the authority's intent, the applicant or bidder must pay to the authority any amount due and submit any documents required to comply with the provisions of 3 AAC 105.400 - 3 AAC 105.480. If the applicant or bidder fails to comply within the time allowed under this section, the applicant or bidder forfeits any amount previously paid to, or upon the order of, the authority and all rights acquired in the property.

History: Eff. 2/16/96, Register 137

Authority: AS 44.83.080

The Alaska Administrative Code was automatically converted to HTML from a plain text format. Every effort has been made to ensure its accuracy, but neither Touch N' Go Systems nor the Law Offices of James B. Gottstein can be held responsible for any possible errors. This version of the Alaska Administrative Code is current through June, 2006.

If it is critical that the precise terms of the Alaska Administrative Code be known, it is recommended that more formal sources be consulted. Recent editions of the Alaska Administrative Journal may be obtained from the Alaska Lieutenant Governor's Office on the world wide web. If any errors are found, please e-mail Touch N' Go systems at E-mail. We hope you find this information useful. Copyright 2006. Touch N' Go Systems, Inc. All Rights Reserved.