Alaska Admin. Code tit. 20, § 15.189
Loan fees, interest, and interest capitalization
Effective Jul 31, 2016Alaska Register 219(Eff. 3/19/2003, Register 166; am 7/31/2003, Register 167; am 2/27/2010, Register 193; am 12/26/2014, Register 212; am 7/31/2016, Register 219) | Authority: AS 14.42.030, AS 14.42.210, AS 14.43.122, AS 14.42.200, AS 14.42.215
- (a) Repealed 2/27/2010.
- (b) Repealed 12/26/2014.
- (c) Interest on the loan will be set by the corporation under 20 AAC 14.050.
- (d) Interest on a consolidation loan begins to accrue on the date of loan origination.
- (e) After origination, the commission staff may capitalize any outstanding interest, not paid when due, as part of the principal to be repaid as provided for in the promissory note.
(Eff. 3/19/2003, Register 166; am 7/31/2003, Register 167; am 2/27/2010, Register 193; am 12/26/2014, Register 212; am 7/31/2016, Register 219)
Authority: AS 14.42.030, AS 14.42.210, AS 14.43.122, AS 14.42.200, AS 14.42.215