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Title 3 . Commerce, Community, and Economic Development
Chapter 82 . Fisheries Enhancement Tax Appropriations
Section 45. Ability to repay

3 AAC 82.045. Ability to repay

The department will, in its discretion, consider the following factors in evaluating an applicant's ability to repay a proposed loan:

(1) income history, including present income;

(2) prospects for future income;

(3) assets and their liquidity;

(4) liabilities;

(5) reasonableness of projected profit and loss statement;

(6) other relevant experience.

History: Eff. 9/11/85, Register 95

Authority: AS 44.33.245

AS 44.33.260

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Last modified 7/05/2006