2017 Alaska Statutes
Title 45. Trade and Commerce
Chapter 81. Business Loan and Grant Programs
Article 3. Small Business Loans
Sec. 45.81.220. Sale or transfer of mortgages and notes.

Universal Citation: AK Stat § 45.81.220 (2017)

(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(b) [Repealed, § 33 ch 141 SLA 1988.]

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