Alaska Statutes.
Title 37. Public Finance
Chapter 17. Alaska Bidco Assistance Program
Section 570. Bidco Capitalization Loan Repayment and Interest.
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AS 37.17.570. Bidco Capitalization Loan Repayment and Interest.

(a) A BIDCO capitalization loan must be structured so that the full amount of the principal is due in a lump sum at the end of the loan term.

(b) Interest on a BIDCO capitalization loan accrues during the loan term and is due at the end of the loan term.

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