20 AAC 15.750 - Loan deferment
Current through April 6, 2022
(a) Except where otherwise specified in
AS
14.43.170-14.43.175 and
20 AAC 15.700 -
20 AAC 15.795, a borrower may
defer payments after the beginning of the repayment period in accordance with
the conditions set out in
20 AAC 15.965.
(b) Repealed 12/31/2005.
(c) Repealed 12/31/2005.
(d) A deferment that is subject to a maximum
term limit will be considered to have been exhausted when used for the maximum
period of time for one or more loans awarded to a borrower.
(e) A borrower who has received a deferment
shall immediately notify the commission when the condition under which the
deferment was granted no longer exists.
(f) An endorser may not obtain a
deferment.
Notes
Authority:AS 14.42.030
AS 14.43.171
AS 14.43.175
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