(a) The commissioner of commerce, community, and economic development may sell or transfer at par value or at a premium or discount to any bank or other private purchaser for cash or other consideration the mortgages and notes held by the Department of Commerce, Community, and Economic Development as security for loans made under AS 45.81.100 - 45.81.190.
(b) [Repealed by ยง 14 ch 122 SLA 1980.]
Structure Alaska Statutes
Chapter 81. Business Loan and Grant Programs
Article 2. Tourism Revolving Loan Fund.
Sec. 45.81.100. Creation of a tourism revolving fund.
Sec. 45.81.110. Special account established.
Sec. 45.81.120. Powers of the Department of Commerce, Community, and Economic Development.
Sec. 45.81.130. Limitations on loans.
Sec. 45.81.140. Sale or transfer of mortgages and notes.
Sec. 45.81.190. Disposal of property acquired by default or foreclosure.