Alaska Statutes Title 44. State Government § 44.29.220. Administration of loan program

(1) adopt regulations necessary to carry out its functions under AS 44.29.210--44.29.230 and to administer the program required under 42 U.S.C. 300x-4(a), including regulations to establish reasonable fees for services provided, procedures for foreclosure proceedings, and procedures for collecting delinquent accounts;

(2) establish amortization plans for the repayment of loans;

(3) charge and collect the fees established under this subsection; and

(4) contract for the servicing of loans made under AS 44.29.210.