Alaska Administrative Code
Title 11 - Natural Resources
Part 4 - Agriculture
Chapter 39 - Agricultural Revolving Loan Fund
Article 2 - Loan Requirements
11 AAC 39.131 - Short-term loans
Universal Citation: 11 AK Admin Code 39.131
Current through August 30, 2024
(a) The amount of a short-term loan may not exceed 75 percent of the value of collateral accepted to secure the loan, minus the value of any lien on the collateral.
(b) The amount of a short-term loan may not exceed 100 percent of the actual agricultural operating costs.
Authority:AS 03.09.040
AS 03.10.020
AS 03.10.030
AS 03.10.050
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