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2018 Alaska Statutes
Title 44. State Government
Chapter 88. Alaska Industrial Development and Export Authority
Article 9. New Markets Tax Credit Assistance Guarantee and Loan Program.
Sec. 44.88.710. Effect of guarantee.
Universal Citation: AK Stat § 44.88.710 (2018)
(a) A guarantee under AS 44.88.700 — 44.88.799 does not create a debt or liability of the state.
(b) A guarantee under AS 44.88.700(a)(1) may not be terminated, cancelled, or revoked except under its terms. A guarantee held by a participating financial institution is presumed to be valid.
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