Alaska Statutes Title 45, Chapter 45.98 - Historical District Loan Act

• Sec. 45.98.010 Creation of Historical District Revolving Loan Fund.
  (a) There is created in the Department of Commerce, Community, and Economic Development a historical district revolving loan fund. All principal and interest payments,...
• Sec. 45.98.015 Special Account Established.
  (a) There is established as a special account within the historical district revolving loan fund the foreclosure expense account. This account is established as...
• Sec. 45.98.020 Historical District Loans.
  Upon endorsement and plan approval by a local historical district commission established under AS 29.55.010 or former AS 29.48.108 and the recommendation of a...
• Sec. 45.98.030 Powers and Duties of the Department.
  For purposes of administering this chapter, the Department of Commerce, Community, and Economic Development may(1) prescribe the form and procedure for submitting loan applications...
• Sec. 45.98.040 Limitations on Loans.
  Loans made under this chapter are subject to the following limitations:(1) state participation in all loans in the aggregate, for any one historical district...
• Sec. 45.98.050 Sale or Transfer of Mortgages and Notes.
  (a) The commissioner of commerce, community, and economic development or a designee of the commissioner may sell or transfer at par value or at...
• 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....
• Sec. 45.98.060 Penalty Provision.
  After a project for which a loan is granted is commenced, if the Department of Commerce, Community, and Economic Development or a local historical...
• Sec. 45.98.070 Short Title.
  This chapter may be cited as the Historical District Loan Act.

Last modified: November 15, 2016