Alaska Statutes: AS 45.81.230. Disposal of Property Acquired by Default or Foreclosure.

Alaska Statutes. Title 45. Trade and Commerce Chapter 81. Business Loan and Grant Programs Section 230. Disposal of Property Acquired by Default or Foreclosure.

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AS 45.81.230. Disposal of Property Acquired by Default or Foreclosure.

The Department of Commerce, Community, and Economic Development shall dispose of property acquired through default or foreclosure of a loan made under AS 45.81.200 - 45.81.290. Disposal shall be made in a manner that serves the best interests of the state, and may include the amortization of payments over a period of years.

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