Current as of April 21, 2021 | Updated by FindLaw Staff
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(a) There is established as a special account within the commercial fishing revolving loan fund the foreclosure expense account.
(b) Repealed.
(c) The commissioner may expend money credited to the foreclosure expense account when necessary to protect the state's security interest in collateral on loans granted under AS 16.10.300--16.10.370 or to defray expenses incurred during foreclosure proceedings after a default by an obligor.
Cite this article: FindLaw.com - Alaska Statutes Title 16. Fish and Game § 16.10.342. Foreclosure expense account - last updated April 21, 2021 | https://codes.findlaw.com/ak/title-16-fish-and-game/ak-st-sect-16-10-342/
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