1. (a) The amount of a refinancing loan is determined by the outstanding balance due on the underlying loans to be paid off through the refinancing program.
2. (b) The corporation may establish minimum and maximum loan limits.
3. (c) An applicant for a refinancing loan in excess of $50,000 must have earned the credential for which an underlying loan was awarded.

(Eff. 7/31/2016, Register 219)

Authority: AS 14.42.150, AS 14.42.200, AS 14.43.122