Alaska Administrative Code
Title 11 - Natural Resources
Part 4 - Agriculture
Chapter 39 - Agricultural Revolving Loan Fund
Article 5 - Restructuring Delinquent Loans
11 AAC 39.630 - Straight amortization
Universal Citation: 11 AK Admin Code 39.630
Current through August 30, 2024
The board will use straight amortization on a restructured loan, unless the board determines on its own motion or based upon a request of the borrower that there is good cause for use of another amortization method. If the borrower wishes to request the use of another method, a borrower shall apply to the board to request that another method be used and provide reasons for the need to use another method.
Authority:AS 03.09.040
AS 03.10.020
AS 03.10.030
AS 03.10.033
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