Alaska Administrative Code

Notes 11 AAC 38.075 Repealed 2/18/77. State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compa…

Notes 11 AAC 38.080 Repealed 2/18/77. State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compa…

Notes 11 AAC 38.085 Repealed 9/1/82. State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compar…

Notes 11 AAC 38.090 Repealed 9/1/82. State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compar…

Notes 11 AAC 39.010 Repealed 12/1/84. State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compa…

(a) In exercising its duties, the board will encourage and promote the development of agriculture as an industry throughout the state. The duties of the board include(1) administration of the fund; (2) submission of the proposed fund budget to the commissioner; (3) management and…

Notes 11 AAC 39.012 Eff. 12/1/84, Register 92; repealed 6/1/2001, Register 158 State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will b…

Notes 11 AAC 39.020 Repealed 12/1/84. State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compa…

Notes 11 AAC 39.021 Eff. 12/1/84, Register 92; repealed 10/18/2001, Register 160 State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will…

Notes 11 AAC 39.030 Repealed 12/1/84. State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compa…

(a) The board will hold at least eight meetings a year. Additional meetings may be called by the chair or by any three concurring members. Meetings may be held by teleconference. (b) A meeting of the board is open to the public, except that a meeting, or portion of a meeting, in …

(a) Unless the board previously disapproved the loan application, an applicant may request emergency approval under this chapter of a loan for not more than $50,000. A staff report shall be prepared on the loan application. (b) An emergency loan committee shall review the emergen…

Notes 11 AAC 39.040 Repealed 12/1/84. State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compa…

Notes 11 AAC 39.041 Eff. 12/1/84, Register 92; repealed 10/18/2001, Register 160 State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will…

Notes 11 AAC 39.050 Repealed 12/1/84. State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compa…

Notes 11 AAC 39.051 Eff. 12/1/84, Register 92; repealed 10/18/2001, Register 160 State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will…

Notes 11 AAC 39.060 Repealed 12/1/84. State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compa…

(a) All records relating to the fund are public information, except for those that are confidential under (b) of this section. (b) "Confidential record" includes (1) loan and installment contract applications and supporting documentation; (2) credit reports from consumer reportin…

(a) At least annually, the board will review and establish interest rates for new loans that are comparable to the rates charged by other agricultural lending institutions in the state for similar types of loans. (b) The interest rate that will be charged on a new loan is the rat…

Notes 11 AAC 39.100 Repealed 12/1/84. Effective 12/1/84, definitions for 11 AAC 39 are located in 11 AAC 39.911. State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly releas…

(a) Each applicant for a new loan must submit an application on a form approved by the board and include with the application (1) a nonrefundable fee of $50; (2) federal and state income tax returns for the three years preceding the date of the application; (3) financial statemen…

Loans will not be made for the following purposes: (1) boats; (2) airplanes; (3) automobiles and trucks, except specialized vehicles not readily convertible to personal or non-agricultural use; (4) silviculture projects, except for horticultural purposes; (5) boarding stables and…

(a) The amount of a short-term loan may not exceed 75 percent of the value of collateral accepted to secure the loan, minus the value of any lien on the collateral. (b) The amount of a short-term loan may not exceed 100 percent of the actual agricultural operating costs. Notes 11…

(a) The amount of a farm development loan may not exceed 75 percent of the value of collateral accepted to secure the loan, minus the value of any lien on the collateral. (b) The amount of a farm development loan may not exceed 100 percent of the actual agricultural development c…

(a) The amount of an irrigation loan may not exceed 75 percent of the value of the collateral accepted to secure the loan, minus the value of any lien on the collateral. (b) The amount of an irrigation loan may not exceed 100 percent of the actual agricultural irrigation costs. N…

(a) The amount of a chattel loan may not exceed 75 percent of the value of the collateral accepted to secure the loan, minus the value of any lien on the collateral. (b) The amount of a chattel loan may not exceed 100 percent of the actual agricultural chattel costs. Notes 11 AAC…

(a) The amount of a product processing loan may not exceed 75 percent of the value of collateral accepted to secure the loan, minus the value of any lien on the collateral. (b) The amount of the loan may not exceed 100 percent of the actual agricultural product processing costs. …

(a) The amount of a land clearing loan may not exceed 75 percent of the value of collateral accepted to secure the loan, minus the value of any lien on the collateral. (b) The amount of the loan may not exceed 100 percent of the actual agricultural land clearing costs. Notes 11 A…

Notes AS 11 AAC 39.191 Eff. 12/1/84, Register 92; repealed 4/3/2025, Register 254, July 2025 State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison f…

Notes AS 11 AAC 39.201 Eff. 12/1/84, Register 92; am 10/27/2002, Register 164; repealed 4/3/2025, Register 254, July 2025 State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarter…

Notes 11 AAC 39.211 Eff. 12/1/84, Register 92; repealed 10/27/2002, Register 164 State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will…

Notes 11 AAC 39.221 Eff. 12/1/84, Register 92; repealed 6/1/2001, Register 158 State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will b…

(a) The board may require a borrower to provide life insurance up to the maximum amount due under all fund agreements that are payable to the fund. (b) The board will require a borrower to provide property insurance on all buildings used as collateral and all other collateral sto…

Terms of all loans will be fixed in relation to the needs of the applicant, collateral and guarantees offered, financial information, and repayment ability. A loan term may not exceed the limits stated in AS 03.10.030. Notes 11 AAC 39.241 Eff. 12/1/84, Register 92; am 10/27/2002,…

Notes 11 AAC 39.251 Eff. 12/1/84, Register 92; repealed 10/27/2002, Register 164 State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will…

Notes 11 AAC 39.255 In effect 11/8/90 - 3/7/91, by em adop., Register 116 State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be add…

Notes 11 AAC 39.261. - 11 AAC 39.291 State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compar…

Notes 11 AAC 39.301 Eff. 12/1/84, Register 92; am 6/1/2001, Register 158; repealed 10/27/2002, Register 164 State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. Mo…

Notes 11 AAC 39.311 Eff. 12/1/84, Register 92; am 6/1/2001, Register 158; repealed 10/27/2002, Register 164 State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. Mo…

Notes 11 AAC 39.320 Eff. 6/1/2001, Register 158; repealed 10/27/2002, Register 164 State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features wi…

Notes 11 AAC 39.321 Eff. 12/1/84, Register 92; repealed 10/27/2002, Register 164 State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will…

Notes 11 AAC 39.331 Eff. 12/1/84, Register 92; repealed 6/1/2001, Register 158 State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will b…

Notes 11 AAC 39.341 Eff. 12/1/84, Register 92; repealed 10/27/2002, Register 164 State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will…

Notes 11 AAC 39.351. - 11 AAC 39.391 State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compar…

Notes 11 AAC 39.401 Eff. 12/1/84, Register 92; repealed 10/27/2002, Register 164 State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will…

(a) At the closing of a loan or modification, the applicant shall (1) meet all conditions imposed by the board to be met by closing of the loan or modification; (2) provide all information requested by the department; and (3) execute promissory notes, real estate mortgages, deeds…

(a) Loan money will not be disbursed to a borrower until(1) the director is satisfied that the borrower has complied with all conditions imposed by the board for loan money to be disbursed; (2) the director is satisfied that the borrower has provided all information requested by …