15 chapters · 440 sections in this title.
AS 16.10.507 Foreclosure expense account.
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(a) There is established as a special account within the fisheries enhancement 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 ne…
AS 16.10.510 Powers and duties of the commissioner.
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The commissioner may (1) make loans to permit holders, under AS 16.10.400 — 16.10.470, including those holders issued permits before June 24, 1977, for the planning, construction, and operation of hatchery facilities; (2) make loans to qualified regional associations that have fo…
AS 16.10.520 Limitation on loans.
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(a) A single fisheries enhancement loan may not exceed $10,000,000 for a hatchery or other enhancement or rehabilitation activity conducted under a permit granted to a qualified regional association that has formed a nonprofit corporation, or to a local nonprofit corporation appr…
AS 16.10.525 Repayment of principal and interest on loans.
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The commissioner may not require the repayment of principal on a loan made under AS 16.10.510 for the initial period of the loan. Interest on the principal of a loan made under AS 16.10.510 does not accrue during the initial period of the loan. In this subsection, the “initial pe…