A collection order is equivalent to a judgment and becomes vested
(1) at the expiration of the 30-day period described in AS 14.43.153(b) if a hearing is not requested; or
(2) on the date the hearing officer enters a decision in favor of the commission if a hearing was requested by the borrower.
Structure Alaska Statutes
Title 14. Education, Libraries, and Museums
Chapter 43. Financial Aid Programs for Postsecondary Students
Article 4. Education Loan Program.
Sec. 14.43.091. Education loan program.
Sec. 14.43.105. Administration of program.
Sec. 14.43.110. Education loans.
Sec. 14.43.120. Conditions of loans.
Sec. 14.43.122. Consolidation of loans.
Sec. 14.43.125. Eligibility of students.
Sec. 14.43.135. Discrimination prohibited.
Sec. 14.43.140. Enforceability of certain contracts with minors.
Sec. 14.43.147. Order to withhold and deliver.
Sec. 14.43.150. Order to assign wages for defaulted loan.
Sec. 14.43.153. Hearings in administrative action to establish a collection order; burden of proof.
Sec. 14.43.154. Collection orders as judgments.