3 AAC 77.080 - Appeals

(a) A person making an offer may appeal a loan committee decision made under 3 AAC 77.060.

(b) All appeals must be made in writing and addressed to the department in Juneau, Alaska.

(c) An appeal must include the date, the appellant's full name, address, telephone number, and signature, a description of the repossessed property involved, and a complete explanation of why the appellant believes that the loan committee's decision should be amended or reversed.

(d) An appeal must be received by the department, at the address specified, not later than the close of business on the 15th day after the mailing of the notice under 3 AAC 77.060(c).

(e) If an appeal is received, the party whose offer was proposed to be accepted will be notified as soon as possible.

(f) The senior loan committee shall review and decide all appeals within five working days after the deadline for receipt of appeals under (d) of this section.

(g) The department will send to all parties involved, by first class mail, a letter stating the senior loan committee's decision under (f) of this section, within five working days after the decision.

(h) If the senior loan committee amends or reverses the loan committee's decision, the party whose offer was initially proposed to be accepted has a right of appeal under this section.

Notes

3 AAC 77.080

Eff. 3/29/86, Register 97; am 7/4/91, Register 119; am 8/10/97, Register 143; am 10/16/2012, Register 204

The address for mailing appeals described in 3 AAC 77.080 is Division of Economic Development, Senior Loan Committee: Appeals, P.O. Box 34159, Juneau, AK 99803-4159.

Authority:AS 16.10.310

AS 16.10.339

AS 16.10.510

AS 26.15.010

AS 26.15.030

AS 26.15.085

AS 27.09.050

AS 44.33.020

AS 44.33.245

AS 45.81.120

AS 45.81.200

AS 45.81.230

AS 45.88.020

AS 45.88.150

AS 45.98.030