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 81 . Fisheries Enhancement Tax Appropriations
Section 60. Initial loan period

3 AAC 81.060. Initial loan period

(a) At the time a loan is made the department will, in its discretion, consider the following factors in setting the initial loan period:

(1) The time needed to build brood stock to a production level;

(2) the financial need of the permit holder; and

(3) other factors the department considers appropriate to preserve the security of the state and its investment.

(b) The department will, in its discretion, extend the term of the initial loan period at any time during the first 10 years of the loan only if an extension of the initial loan period is in the best interest of the state. The term of the initial period, as extended, will not exceed 10 years.

History: Eff. 11/28/92, Register 124

Authority: AS 16.10.510

AS 16.10.525


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