(a) The Department of Commerce, Community, and Economic Development shall formulate general policies and adopt regulations, including regulations to establish reasonable fees for services provided.
(b) The department may hold hearings and subpoena witnesses and documents, and administer oaths in connection with hearings.
(c) The department shall
(1) cooperate with the federal government in matters of mutual concern pertaining to loans to Alaskan veterans;
(2) make reports that the federal government may desire;
(3) cooperate with the state and its political subdivisions and agencies;
(4) adopt regulations necessary for the conduct of its business and for carrying out the provisions of this chapter, and make necessary regulations to maintain such standards;
(5) require bonds and undertakings from persons employed by it as shall in its judgment be necessary, and pay the premiums on them;
(6) establish regional and local offices and advisory groups that are necessary or considered expedient to carry out or assist in carrying out its duties and authorities;
(7) charge and collect the fees established under this section.
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