- (a) The amount of a product processing loan may not exceed 75 percent of the value of collateral accepted to secure the loan, minus the value of any lien on the collateral.
- (b) The amount of the loan may not exceed 100 percent of the actual agricultural product processing costs.
(Eff. 12/1/84, Register 92; am 6/1/2001, Register 158)
Authority: AS 03.09.040, AS 03.10.020, AS 03.10.030, AS 03.10.050