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Title 11 . Natural Resources
Chapter 39 . Agricultural Revolving Loan Fund
Section 940. Good financial standing requirement

11 AAC 39.940. Good financial standing requirement

The board will not approve a loan, contract, lease, permit, agreement or any modification, close a transaction, or disburse money to a person who is not in good financial standing, except for a person who has a loan in moratorium under 11 AAC 39.501, or when the board determines in writing that there is reasonable cause to act otherwise.

History: Eff. 10/27/2002, Register 164

Authority: AS 03.09.040

AS 03.10.020

AS 03.10.050

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Last modified 7/05/2006