3 AAC 161.080 - Reconsideration of a loan request

(a) If the division denies, inactivates, or significantly modifies a loan request, an applicant may file, not later than 30 days after receipt of notice of the division's decision, a written request for reconsideration of that decision.

(b) The division will consider a request for reconsideration if the applicant submits information to show that

(1) a substantial change has occurred in the circumstances leading to the division's decision;

(2) additional relevant information can be provided to the division that was not initially available; or

(3) the division made administrative errors.

Notes

3 AAC 161.080

Eff. 9/2/2008, Register 188; am 1/28/2009, Register 189; am 3/8/2013, Register 205

Authority:AS 42.45.250

AS 42.45.260

AS 42.45.270