Sec. 44.33.270. Sale or transfer of mortgages and notes.
67 words·~1 min read·
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Sec. 44.33.270. Sale or transfer of mortgages and notes.
(a)The commissioner of commerce, community, and economic development may sell or transfer at par value or at a premium to a bank or other private purchaser for cash or other consideration the mortgages and notes held by the department as security for loans made under AS 44.33.240 — 44.33.275.
(b)[Repealed, § 14 ch 122 SLA 1980.]