3 AAC 41.015 - Examination
(a) The materials described in
3
AAC 41.010 will be processed and evaluated by a loan
officer. The loan officer will evaluate the applicant's financial and credit
history, ability to repay, and proposed collateral.
(b) On the basis of the evaluation, the loan
officer will either inactivate the application due to lack of information
required under
3
AAC 41.010, or recommend proposed action on the loan
request to the appropriate loan committee. However, the recommendation of a
loan officer is not binding on a loan committee.
Notes
Authority:AS 26.15.010
AS 26.15.030
AS 26.15.040
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