Sec. 16.10.555. Disposal of property acquired by default or foreclosure.

AK Stat § 16.10.555 (2019) (N/A)
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The Department of Commerce, Community, and Economic Development shall dispose of property acquired through default or foreclosure of a loan made under AS 16.10.500 - 16.10.560. 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.