Title 45 — Trade and Commerce
49 chapters · 1,288 sections in this title.
AS 45.81.230 Disposal of property acquired by default or foreclosure.
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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 amo…
AS 45.81.240 Creation of fund.
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(a) There is created the small business revolving loan fund to carry out the purposes of AS 45.81.200 — 45.81.290. This fund shall be used for no other purpose. (b) Money in the fund may be used by the legislature to make appropriations for costs of administering AS 45.81.200 — 4…
AS 45.81.250 Special account established.
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(a) There is established as a special account within the small business revolving loan fund the foreclosure expense account. This account is established as a reserve from fund equity. (b) The commissioner may expend money credited to the foreclosure expense account when necessary…
AS 45.81.260 Eligibility for loans.
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A person is eligible for a loan under AS 45.81.200 — 45.81.290 if (1) the person can establish or demonstrate good character, capacity for financial responsibility, ability to provide sufficient collateral and knowledge of Alaska economic conditions; (2) the person is a resident …
AS 45.81.290 Definition.
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In AS 45.81.200 — 45.81.290, “commissioner” means the commissioner of commerce, community, and economic development.
AS 45.88.010 Fund established.
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(a) There is established in the Department of Commerce, Community, and Economic Development the alternative energy conservation revolving loan fund to carry out the purposes of AS 45.88.010 — 45.88.090. Loans made under AS 45.88.010 — 45.88.090 are to be used (1) to develop means…
AS 45.88.015 Special account established.
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(a) There is established, as a special account within the revolving loan fund established under AS 45.88.010, the foreclosure expense account. This account is established as a reserve from fund equity. (b) The commissioner of commerce, community, and economic development may expe…
AS 45.88.020 Powers and duties of the department in administering the fund.
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(a) The department may (1) make loans for the purchase, construction, and installation, in commercial buildings that are located in the state, of (A) alternative energy systems; and (B) energy conservation improvements; (2) adopt regulations necessary to carry out the provisions …
AS 45.88.025 Eligibility.
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To be eligible for a loan under AS 45.88.010 — 45.88.090, an applicant must (1) physically reside in the state and maintain a domicile in the state during 12 consecutive months before the date of application for a loan and may not have (A) declared or established residency in ano…
AS 45.88.030 Loan terms.
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(a) A loan made under AS 45.88.010 — 45.88.090 may not exceed $50,000. If the requested loan amount exceeds $30,000, the applicant must deliver to the department a document from a financial institution stating that (1) the applicant has been denied a loan for the same purpose; or…
AS 45.88.040 Sale or transfer of mortgages and notes. [Repealed, § 38 ch 83 SLA 2010.]
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[Repealed or reserved.]
AS 45.88.050 Disposal of property acquired by default or foreclosure.
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The Department of Commerce, Community, and Economic Development shall dispose of property acquired through default or foreclosure of a loan made under AS 45.88.010 — 45.88.090. Disposal shall be made in a manner that serves the best interests of the state, and may include the amo…
AS 45.88.090 Definitions.
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Article 2. Residential Energy Conservation Fund. (a) In AS 45.88.010 — 45.88.090, (1) “alternative energy system” (A) means a source of thermal, mechanical or electrical energy that is not dependent on oil or gas or a nuclear fuel for the supply of energy for space heating and co…
AS 45.88.100 Fund established.
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(a) There is established in the Department of Commerce, Community, and Economic Development the residential energy conservation fund to carry out the purposes of AS 45.88.100 — 45.88.190. Loans and grants made under AS 45.88.100 — 45.88.190 may be used to purchase, construct, and…
AS 45.88.110 Special account established.
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(a) There is established as a special account within the residential energy conservation fund the foreclosure expense account. This account is established as a reserve from fund equity. (b) The commissioner may expend money credited to the foreclosure expense account when necessa…
AS 45.88.120 Loans.
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(a) The department may make loans for the purchase, construction, and installation of an energy conservation improvement in a residential building. (b) A loan for the purchase, construction, and installation of an energy conservation improvement under AS 45.88.100 — 45.88.190 may…
AS 45.88.130 Sale or transfer of mortgages and notes.
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The commissioner may sell or transfer at par value or at a premium or discount to any bank or other private purchaser for cash or other consideration the mortgages and notes held by the department as security for loans made under AS 45.88.100 — 45.88.190.
AS 45.88.140 Disposal of property acquired by default or foreclosure.
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The department shall dispose of property acquired through default or foreclosure of a loan made under AS 45.88.100 — 45.88.190. 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.
AS 45.88.150 Regulations.
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(a) The department shall adopt regulations necessary to carry out the provisions of AS 45.88.100 — 45.88.190, including regulations to establish reasonable fees for services provided and charges for collecting the fees. (b) The department may collect the fees and collection charg…
AS 45.88.190 Definitions.
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In AS 45.88.010 — 45.88.190, (1) “commissioner” means the commissioner of commerce, community, and economic development; (2) “department” means the Department of Commerce, Community, and Economic Development; (3) “energy audit” means (A) [Repealed, § 10 ch 79 SLA 1983.] (B) an en…
AS 45.88.500 [Subsection (a) renumbered as AS 45.88.090; subsection (b) renumbered as AS 45.88.010(d).]
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[Repealed or reserved.]
AS 45.89.010 Secs. 45.89.010 — 45.89.015. [Renumbered as AS 45.88.100 — 45.88.110.]
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[Repealed or reserved.]
AS 45.89.020 Refunds and grants. [Repealed, § 10 ch 79 SLA 1983.]
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[Repealed or reserved.]
AS 45.89.030 Secs. 45.89.030 — 45.89.500. [Renumbered as AS 45.88.120 — 45.88.190.]
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[Repealed or reserved.]
AS 45.95.010 Secs. 45.95.010 — 45.95.020. [Renumbered as AS 45.81.200 — 45.81.210.]
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[Repealed or reserved.]
AS 45.95.030 Sale or transfer of preferred commercial paper. [Repealed, § 33 ch 141 SLA 1988.]
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[Repealed or reserved.]
AS 45.95.040 [Renumbered as AS 45.81.220.]
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[Repealed or reserved.]
AS 45.95.050 Power of commissioner to assign and sell mortgages. [Repealed, § 69 ch 21 SLA 1985.]
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[Repealed or reserved.]
AS 45.95.055 Secs. 45.95.055 — 45.95.080. [Renumbered as AS 45.81.230 — 45.81.290.]
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[Repealed or reserved.]
AS 45.98.010 Creation of historical district revolving loan fund.
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(a) There is created in the Department of Commerce, Community, and Economic Development a historical district revolving loan fund. All principal and interest payments, and money chargeable to principal or interest that is collected through liquidation by foreclosure or other proc…
AS 45.98.015 Special account established.
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(a) There is established as a special account within the historical district revolving loan fund the foreclosure expense account. This account is established as a reserve from fund equity. (b) The commissioner of commerce, community, and economic development may expend money cred…
AS 45.98.020 Historical district loans.
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Upon endorsement and plan approval by a local historical district commission established under AS 29.55.010 or former AS 29.48.108 and the recommendation of a majority of the members of the Alaska Historical Commission, the Department of Commerce, Community, and Economic Developm…
AS 45.98.030 Powers of the department.
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For purposes of administering this chapter, the Department of Commerce, Community, and Economic Development may (1) prescribe the form and procedure for submitting loan applications under this chapter; (2) designate agents and delegate powers to them as is necessary; (3) in consu…
AS 45.98.040 Limitations on loans.
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Loans made under this chapter are subject to the following limitations: (1) state participation in all loans in the aggregate, for any one historical district qualifying under this chapter may not exceed $1,500,000; (2) state participation in a loan for the restoration, improveme…
AS 45.98.050 Sale or transfer of mortgages and notes.
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(a) The commissioner of commerce, community, and economic development or a designee of the commissioner may sell or transfer at par value or at a premium or discount to any bank or other private purchaser for cash or other consideration the mortgages and notes held by the Departm…
AS 45.98.055 Disposal of property acquired by default or foreclosure.
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The Department of Commerce, Community, and Economic Development shall dispose of property acquired through default or foreclosure of a loan made under this chapter. Disposal shall be made in a manner that serves the best interests of the state, and may include the amortization of…
AS 45.98.060 Penalty provision.
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After a project for which a loan is granted is commenced, if the Department of Commerce, Community, and Economic Development or a local historical district commission, in consultation with the Alaska Historical Commission, determines that the project is inconsistent with the guid…
AS 45.98.070 Short title.
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This chapter may be cited as the Historical District Loan Act.