- Alaska Statutes.
- Title 45. Trade and Commerce
- Chapter 81. Business Loan and Grant Programs
- Section 140. Sale or Transfer of Mortgages and Notes.
previous: Section 130
. Limitations on Loans.
next: Section 190
. Disposal of Property Acquired by Default or Foreclosure.
AS 45.81.140. Sale or Transfer of Mortgages and Notes.
- (a) The commissioner of commerce, community, and economic development 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 45.81.100 - 45.81.190.
- (b) [Repealed by Sec. 14 ch 122 SLA 1980].
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