A financial institution organized under AS 06.05 or AS 06.15 may make loans on terms consistent with the provisions of AS 06.20.230 - 06.20.310 and 3 AAC 12.100 - 3 AAC 12.210 without obtaining a license under AS 06.20.010.

(Eff. 10/23/94, Register 132)

Authority: AS 06.01.020, AS 06.05.005, AS 06.15.010