3 AAC 78.025 - Residency requirements

(a) If an applicant is an individual, in determining whether the applicant fulfills the one-year residency requirement under AS 45.88.025, the loan committee may consider any information that would indicate the applicant's residency, including where the applicant

(1) is registered to vote;

(2) maintains a permanent place of abode;

(3) files tax returns, and the address that is listed on the returns;

(4) registers or licenses personal property, including cars, boats, trucks, and trailers;

(5) is licensed to drive;

(6) maintains bank accounts, savings accounts, lines of credit, and other financial relationships;

(7) has claimed or received benefits as a resident;

(8) has received permanent fund dividends; or

(9) owns real property.

(b) If an applicant is a partnership, corporation, or joint venture, 51 percent of the applicant must be owned by an individual or individuals meeting the residency requirements set out in (a) of this section.

Notes

3 AAC 78.025

Eff. 9/7/2012, Register 203

Authority:AS 45.88.020

AS 45.88.025