The department shall dispose of property acquired through default or foreclosure of a loan made under AS 44.33.240 - 44.33.275. Disposal shall be made in a manner that serves the best interests of the state, and may include the amortization of payments over a period of years.
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.