(a) There is a commercial fishing revolving loan fund to carry out the purpose of AS 16.10.300 - 16.10.370, except that the fund may not be used to make loans under AS 16.10.310 (a)(1)(E).
(b) Money in the fund may be used by the legislature to make appropriations for costs of administering AS 16.10.300 - 16.10.370, except for costs associated with loans under AS 16.10.310 (a)(1)(E).
(c) If the commissioner determines that the fund contains money that is excess to that needed under (a) and (b) of this section to carry out the purpose of AS 16.10.300 - 16.10.370, then the commissioner may use the excess money to carry out the purpose of AS 16.10.500 - 16.10.560.
Section: Previous 16.10.325 16.10.330 16.10.333 16.10.335 16.10.337 16.10.338 16.10.339 16.10.340 16.10.342 16.10.345 16.10.350 16.10.353 16.10.355 16.10.360 16.10.370 NextLast modified: November 15, 2016