2018 Alaska Statutes
Title 16. Fish and Game
Chapter 10. Fisheries and Fishing Regulations
Article 14. Mariculture Revolving Loan Fund.
Sec. 16.10.930. Special account established.

Universal Citation: AK Stat § 16.10.930 (2018)

(a) The foreclosure expense account is established as a special account in the mariculture revolving loan fund.

(b) The department may expend money credited to the foreclosure expense account when necessary to protect the state's security interest in collateral on loans granted under AS 16.10.910 or to defray expenses incurred during foreclosure proceedings after an obligor defaults.

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