Effective Mar 29, 1986Alaska Register 97(Eff. 3/29/86, Register 97) | Authority: AS 16.10.310
(a) A party requesting financing from the department to purchase property repossessed under 3 AAC 77.010 shall file a completed application on forms provided by the department.
(b) A request for departmental financing for repossessed property will be handled in a manner similar to that used for other loan requests.
(c) A person requesting financing from the department is responsible for all fees and costs associated with the loan application and, in the department's discretion, the loan closing.