Statutes > Alaska Statutes > Title 45 - TRADE AND COMMERCE > Chapter 45.81. - BUSINESS LOAN AND GRANT PROGRAMS > Article 02 - TOURISM REVOLVING LOAN FUND > Sec. 45.81.190. - Disposal of property acquired by default or foreclosure.

Sec. 45.81.190. - 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 AS 45.81.100 - 45.81.190. 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.