Made available by Touch N' Go Systems, Inc., and the
Law Offices of James B. Gottstein.

You can also go to The Alaska Legal Resource Center or search the entire website search.

Touch N' Go, the DeskTop In-and-Out Board makes your office run smoother. Visit Touch N' Go's Website to see how.
Title 3 . Commerce, Community, and Economic Development
Chapter 77 . Fisheries Enhancement Tax Appropriations
Section 10. Acquiring repossessed property

3 AAC 77.010. Acquiring repossessed property

In connection with a default on a loan made by the department, it will, in its discretion, repossess property in any of the following ways:

(1) judicial or nonjudicial foreclosure on real estate;

(2) U.S. Marshal's foreclosure sale on documented vessels under Federal Maritime Law;

(3) Uniform Commercial Code (UCC) foreclosure, which may include documented vessels, AK-registered vessels, vehicles, mobile homes, airplanes, inventory and equipment;

(4) abandonment;

(5) deed, bill of sale, or transfer instead of foreclosure;

(6) repossession of title vehicle;

(7) bankruptcy proceeding;

(8) limited entry permit foreclosure; or

(9) other manner consistent with federal and state law.

History: Eff. 3/29/86, Register 97

Authority: AS 16.10.310 (a)

AS 16.10.335

AS 16.10.339

AS 16.10.510 (4)

AS 26.15.010

AS 26.15.030

AS 26.15.040

AS 27.09.050

AS 44.33.020 (1)

AS 44.33.245 (a)

AS 45.87.060

AS 45.88.020 (a)

AS 45.89.070

AS 45.90.020 (a)

AS 45.95.020

AS 45.98.030 (3)

Note to HTML Version:

The Alaska Administrative Code was automatically converted to HTML from a plain text format. Every effort has been made to ensure its accuracy, but neither Touch N' Go Systems nor the Law Offices of James B. Gottstein can be held responsible for any possible errors. This version of the Alaska Administrative Code is current through June, 2006.

If it is critical that the precise terms of the Alaska Administrative Code be known, it is recommended that more formal sources be consulted. Recent editions of the Alaska Administrative Journal may be obtained from the Alaska Lieutenant Governor's Office on the world wide web. If any errors are found, please e-mail Touch N' Go systems at E-mail. We hope you find this information useful. Copyright 2006. Touch N' Go Systems, Inc. All Rights Reserved.

Last modified 7/05/2006