Alaska Statutes.
Title 45. Trade and Commerce
Chapter 81. Business Loan and Grant Programs
Section 230. Disposal of Property Acquired by Default or Foreclosure.
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AS 45.81.230. Disposal of Property Acquired by Default or Foreclosure.

The Department of Commerce, Community, and Economic Development shall dispose of property acquired through default or foreclosure of a loan made under AS 45.81.200 - 45.81.290. Disposal shall be made in a manner that serves the best interests of the state, and may include the amortization of payments over a period of years.

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