3 AAC 87.082 - Modifications
(a) A request for a modification to a loan
made under AS 27.09 and this chapter will be processed in the same manner as a
loan application. The department will, in its discretion, require one or more
of the items specified in
3
AAC 87.010.
(b) A loan committee may permit a loan
modification only if the security of the state and its investment is
preserved.
Notes
Authority:AS 27.09.040
AS 27.09.050
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