- (a) The division will fix a loan period based on the needs of the borrower. However, the borrower shall repay a loan not later than one year after the date of the disbursement.
(b) Proceeds of a bulk fuel loan may not be used to
- (1) purchase fuel other than bulk fuels; or
- (2) make a profit, unless the profit is used to purchase additional community fuel supplies.
(Eff. 9/2/2008, Register 188; am 1/28/2009, Register 189; am 3/8/2013, Register 205; am 10/27/2018, Register 228)
Authority: AS 42.45.250, AS 42.45.260, AS 42.45.270