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(a) If an assumption of a loan request is denied, inactivated, or significantly modified by the department, an applicant may file a written request for reconsideration within 30 days after receipt of notice of the department's decision.
(b) The department will, in its discretion, reconsider a request upon a showing by the applicant that
(1) there has been a substantial change in the circumstances leading to the department's decision;
(2) additional relevant information can be provided to the department that was not initially available; or
(3) administrative errors were made by the department.
History: Eff. 9/11/85, Register 95; am 8/10/97, Register 143
Authority: AS 44.33.245
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Last modified 7/05/2006