3 AAC 74.050 - Disbursement of loan money
Loan money will be disbursed when
(1) the state has perfected a security
interest in the collateral;
(2)
requirements of the department as specified by the loan committee have been
met; and
(3) the borrower is in
compliance with provisions of the loan documents,
AS
44.33.950-44.33.990, and this
chapter.
Notes
Authority:AS 44.33.955
AS 44.33.965
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