Alaska Administrative Code
Title 11 - Natural Resources
Part 4 - Agriculture
Chapter 39 - Agricultural Revolving Loan Fund
Article 2 - Loan Requirements
11 AAC 39.161 - Chattel loans
Universal Citation: 11 AK Admin Code 39.161
Current through August 30, 2024
(a) The amount of a chattel loan may not exceed 75 percent of the value of the collateral accepted to secure the loan, minus the value of any lien on the collateral.
(b) The amount of a chattel loan may not exceed 100 percent of the actual agricultural chattel costs.
Authority:AS 03.09.040
AS 03.10.020
AS 03.10.030
AS 03.10.050
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