2011 Alaska Statutes
Title 16. FISH AND GAME
Chapter 16.10. FISHERIES AND FISHING REGULATIONS
Sec. 16.10.525. Repayment of principal and interest on loans.


AK Stat § 16.10.525 (through 27th Leg Sess 2012) What's This?

The commissioner may not require the repayment of principal on a loan made under AS 16.10.510 for the initial period of the loan. Interest on the principal of a loan made under AS 16.10.510 does not accrue during the initial period of the loan. In this subsection, the "initial period of the loan" means a period of time determined by the commissioner that is not less than six years or more than 10 years from the date the loan is made.

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