The commissioner may not require the repayment of principal on a loan made under AS 16.10.510 for the initial period of the loan. Interest on the principal of a loan made under AS 16.10.510 does not accrue during the initial period of the loan. In this subsection, the "initial period of the loan" means a period of time determined by the commissioner that is not less than six years or more than 10 years from the date the loan is made.
Section: Previous 16.10.500 16.10.505 16.10.507 16.10.510 16.10.520 16.10.525 16.10.530 16.10.540 16.10.550 16.10.555 16.10.560 NextLast modified: November 15, 2016