™Your Policy Risk Impact Agent
15 chapters · 521 sections in this title.
AS 16.10.820 Default.
0.3K chars
If the borrower defaults on a note, the department shall notify the borrower of the default and the consequences of default by mailing a notice to the borrower's most recent address provided to the department by the borrower or obtained by the department.
AS 16.10.825 Special account established.
0.4K chars
(a) The foreclosure expense account is established as a special account within the commercial charter fisheries revolving loan fund. (b) The department may expend money credited to the foreclosure expense account when necessary to protect the state's security interest in collater…
AS 16.10.830 Disposal of property acquired after default.
0.3K chars
The department shall dispose of property acquired through default of a loan made under AS 16.10.801 16.10.840. Disposal must be made in a manner that serves the best interest of the state and may include the amortization of payments over a period of years.
AS 16.10.835 Waiver of confidentiality.
0.2K chars
The commissioner may release information about the borrower's loan to any individual if release of the information has been authorized by the borrower.