Alaska Statutes Title 44. State Government § 44.88.730. Conditions of loan guarantee

(A) is commercially reasonable;

(B) contains payment provisions satisfactory to the authority; and

(C) is secured by acceptable collateral;

(A) is allocated new markets tax credits by a qualified community development entity;

(B) promotes economic development in the state; and

(C) is not a housing project;

(A) net cash flow of the borrower;

(B) proceeds from the sale of current assets that are collateral for the loan if the sale or receipt of proceeds from the sale is an event that creates a payment obligation; in this subparagraph, “current asset” means property that will be or could be converted into cash within one year in the normal operation of a business;