Sec. 44.88.545. Limitations of guarantees with respect to borrowers.

AK Stat § 44.88.545 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

The authority may not provide a guarantee

(1) of more than $1,000,000;

(2) to an individual borrower that cumulatively, with the outstanding principal balance of other authority guaranteed indebtedness of that borrower, exceeds $1,000,000.