3 AAC 82.085 - Reconsideration of an assumption request

(a) If an assumption of a loan request is denied, inactivated, or significantly modified by the department, an applicant may file a written request for reconsideration within 30 days after receipt of notice of the department's decision.

(b) The department will, in its discretion, reconsider a request upon a showing by the applicant that

(1) there has been a substantial change in the circumstances leading to the department's decision;

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

(3) administrative errors were made by the department.

Notes

3 AAC 82.085

Eff. 9/11/85, Register 95; am 8/10/97, Register 143

Authority:AS 44.33.245