Alaska Statutes Sec. 16.10.355 - Disposal of Property Acquired by Default or Foreclosure

The department shall dispose of property acquired through default or foreclosure of a loan made under AS 16.10.300 - 16.10.370 or former AS 16.10.650 - 16.10.720. 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, but may not be by lease.

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Last modified: November 15, 2016