Alaska Administrative Code
Title 3 - Commerce, Community, and Economic Development
Part 1 - Banking, Securities, Small Loans and Corporations
Chapter 02 - Banking
Article 2 - Banking Practices
3 AAC 02.122 - Lending standards

Universal Citation: 3 AK Admin Code 02.122
Current through February 24, 2025

A bank may not make a loan unless the bank has determined and documented, in the loan file, the type, amount, purpose, and repayment provisions of the loan and an analysis of the credit worthiness of the borrower.

Authority:AS 06.05.005(a)

AS 06.05.207

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