Effective Jun 13, 1993Alaska Register 126(Eff. 1/19/93, Register 125; am 6/13/93, Register 126)
In this chapter
(1) "division" means the division assigned to administer this chapter in the Department of Commerce, Community, and Economic Development;
(2) "eligible lender" means a lender that is eligible under 3 AAC 170.060;
(3) "eligible loan" means a loan that is eligible under 3 AAC 170.050;
(4) "fund" means the rural development initiative fund;
(5) "guaranteed loan" means a loan that is guaranteed by the Alaska Industrial Development and Export Authority as described in 3 AAC 170.040;
(6) "guaranteed portion" means the portion of a loan that is guaranteed by the Alaska Industrial Development and Export Authority as described in 3 AAC 170.040;
(7) "participation interest" means a percentage of the principal amount of a loan that includes the right to receive interest on that principal amount and other rights applicable to the ownership of a loan;
(8) "reserve account" means a reserve account established under 3 AAC 170.040;
(9) "commissioner" means the commissioner of the Department of Commerce, Community, and Economic Development;