2019 Alaska Statutes
Title 45. Trade and Commerce
Chapter 81. Business Loan and Grant Programs
Article 2. Tourism Revolving Loan Fund.
Sec. 45.81.100. Creation of a tourism revolving fund.

Universal Citation: AK Stat § 45.81.100 (2019)

(a) There is created in the Department of Commerce, Community, and Economic Development a tourism revolving fund. All principal and interest payments, and money chargeable to principal or interest that is collected through liquidation by foreclosure or other process on loans made under AS 45.81.100 - 45.81.190, shall be paid into the tourism revolving fund.

(b) Money in the fund may be used by the legislature to make appropriations for costs of administering AS 45.81.100 - 45.81.190.

Disclaimer: These codes may not be the most recent version. Alaska may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.