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Code · Alaska · Title 16 · Chapter 10

Sec. 16.10.555. Disposal of property acquired by default or foreclosure.

63 words·~1 min read·/ak/title-16/chapter-10/16-10-555

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Sec. 16.10.555. Disposal of property acquired by default or foreclosure.
The Department of Commerce, Community, and Economic Development shall dispose of property acquired through default or foreclosure of a loan made under AS 16.10.500 — 16.10.560. Disposal shall be made in a manner that serves the best interests of the state, and may include the amortization of payments over a period of years.
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