3 AAC 83.045 - Ability to repay

The department will, in its discretion, consider the following factors in evaluating an applicant's ability to repay:

(1) income history, including present income;
(2) prospects for future income;
(3) assets and their liquidity;
(4) liabilities;
(5) reasonableness of projected profit and loss statement; and
(6) other relevant experience.

Notes

3 AAC 83.045
Eff. 9/11/85, Register 95

Authority:AS 45.98.020

AS 45.98.030

State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.


No prior version found.