Statutes > Alaska Statutes > Title 44 - STATE GOVERNMENT > Chapter 44.33. - DEPARTMENT OF COMMERCE, COMMUNITY, AND ECONOMIC DEVELOPMENT > Article 04 - CHILD CARE FACILITY REVOLVING LOAN FUND > Sec. 44.33.272. - Disposal of property acquired by default or foreclosure.

Sec. 44.33.272. - Disposal of property acquired by default or foreclosure.

The department shall dispose of property acquired through default or foreclosure of a loan made under AS 44.33.240 - 44.33.275. 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.