Alaska Administrative Code
Title 3 - Commerce, Community, and Economic Development
Part 10 - Economic Development
Chapter 82 - Child Care Facility Loans
3 AAC 82.081 - Closing an assumption
Universal Citation: 3 AK Admin Code 3 AAC 82.081
Current through February 27, 2024
An assumption agreement will be considered by the department to be closed when
(1) all required signatures have been obtained and the assumption agreement has been properly recorded;
(2) all requirements of the loan committee have been met; and
(3) the borrower is in compliance with all provisions of the loan documents, including insurance requirements, and this chapter.
Authority:AS 44.33.245
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