Alaska Statutes Sec. 45.98.055 - Disposal of Property Acquired by Default or Foreclosure

The Department of Commerce, Community, and Economic Development shall dispose of property acquired through default or foreclosure of a loan made under this chapter. 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.

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Last modified: November 15, 2016