The Department of Commerce, Community, and Economic Development shall dispose of property acquired through default or foreclosure of a loan made under AS 45.88.010 - 45.88.090. 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 88. Energy Loan and Grant Programs
Article 1. Alternative Energy Revolving Loan Fund.
Sec. 45.88.010. Fund established.
Sec. 45.88.015. Special account established.
Sec. 45.88.020. Powers and duties of the department in administering the fund.
Sec. 45.88.050. Disposal of property acquired by default or foreclosure.