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Title 3 . Commerce, Community, and Economic Development
Chapter 106 . Financial and Technical Assistance for Energy Systems, Facilities, and Equipment
Section 335. Supervision of loans

3 AAC 106.335. Supervision of loans

If a loan is in default, the authority will, in its discretion, require the borrower to furnish annual financial statements, reports of bulk storage tank facility capacity, and a schedule of change of village council members, or community officials or officers. The authority will, in its discretion, also require an audit or audits to determine whether the borrower has complied with the provisions of the loan.

History: Eff. 2/16/96, Register 137

Authority: AS 42.45.250

AS 44.83.080


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Last modified 7/05/2006