(a) The commissioner of commerce, community, and economic development may sell or transfer at par value or at a premium to a bank or other private purchaser for cash or other consideration the mortgages and notes held by the department as security for loans made under AS 44.33.240 - 44.33.275.
(b) [Repealed, ยง 14 ch 122 SLA 1980.]
Structure Alaska Statutes
Chapter 33. Department of Commerce, Community, and Economic Development
Article 4. Child Care Facility Revolving Loan Fund.
Sec. 44.33.240. Child care facility revolving loan fund.
Sec. 44.33.242. Special account established.
Sec. 44.33.245. Powers and duties of the department in administering the fund.
Sec. 44.33.260. Eligibility for loans.
Sec. 44.33.270. Sale or transfer of mortgages and notes.
Sec. 44.33.272. Disposal of property acquired by default or foreclosure.