Alaska Statutes Title 03, Chapter 03.10 - Alaska Agricultural Loan Act

• Sec. 03.10.010 Declaration of Policy.
  It is the policy of this chapter to promote the more rapid development of agriculture as an industry throughout the state by means of...
• Sec. 03.10.020 Powers of the Board.
  (a) The Board of Agriculture and Conservation (AS 03.09.010 ) may(1) make a loan to(A) an individual resident farmer, homesteader, or a partnership or...
• Sec. 03.10.030 Limitations on Loans.
  (a) The farm development, chattel, or irrigation loan made under this chapter(1) may not exceed a term of 30 years, except that a chattel...
• Sec. 03.10.033 Restructuring of Agricultural Debt.
  (a) To increase the return to the state, the Board of Agriculture and Conservation may restructure loans (1) in existence on January 1, 1987,...
• Sec. 03.10.035 Use or Disposal of Mortgaged Farm Land.
  (a) A borrower may not use farm land for a nonfarm use or sell, lease, or otherwise dispose of farm land if that land...
• Sec. 03.10.040 Agricultural Revolving Loan Fund.
  (a) There is an agricultural revolving loan fund which may not exceed $75,000,000 to carry out the purpose of this chapter.(b) Money in the...
• Sec. 03.10.050 Administration of Fund; Board of Agriculture and Conservation.
  (a) The Board of Agriculture and Conservation shall administer the agricultural revolving loan fund. A loan may not be made without the approval of...
• Sec. 03.10.052 Limitation on Board Members. [Repealed, Sec. 30 Ch 81 Sla 2000].
  Repealed or Renumbered
• Sec. 03.10.054 Sale or Transfer of Mortgages and Notes. [Repealed, Sec. 14 Ch 122 Sla 1980].
  Repealed or Renumbered
• Sec. 03.10.058 Farm Disaster Area.
  The governor may declare a farm disaster in an area of the state if a natural disaster causes a crop failure.
• Sec. 03.10.060 Short Title.
  This chapter may be cited as the Alaska Agricultural Loan Act.

Last modified: November 15, 2016