Alaska Statutes Title 45, Chapter 45.88, Article 01 - Alternative Energy Revolving Loan Fund

• Sec. 45.88.010 Fund Established.
  (a) There is established in the Department of Commerce, Community, and Economic Development the alternative energy conservation revolving loan fund to carry out the...
• Sec. 45.88.015 Special Account Established.
  (a) There is established, as a special account within the revolving loan fund established under AS 45.88.010 , the foreclosure expense account. This account...
• Sec. 45.88.020 Powers and Duties of the Department in Administering the Fund.
  (a) The department may(1) make loans for the purchase, construction, and installation, in commercial buildings that are located in the state, of(A) alternative energy...
• Sec. 45.88.025 Eligibility.
  To be eligible for a loan under AS 45.88.010 - 45.88.090, an applicant must(1) physically reside in the state and maintain a domicile in...
• Sec. 45.88.030 Loan Terms.
  (a) A loan made under AS 45.88.010 - 45.88.090 may not exceed $50,000. If the requested loan amount exceeds $30,000, the applicant must deliver...
• Sec. 45.88.040 Sale or Transfer of Mortgages and Notes. [Repealed, Sec. 38 Ch 83 Sla 2010].
  Repealed or Renumbered
• Sec. 45.88.050 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 AS 45.88.010...
• Sec. 45.88.090 Definition.
  (a) In AS 45.88.010 - 45.88.090,(1) "alternative energy system"(A) means a source of thermal, mechanical or electrical energy that is not dependent on oil...

Last modified: November 15, 2016