(a) For an applicant to be eligible for a loan under Alaska Stat. § 16.10.80116.10.840, the applicant shall be a resident of the state, as determined under (c) of this section, and shall

Terms Used In Alaska Statutes 16.10.810

  • state: means the State of Alaska unless applied to the different parts of the United States and in the latter case it includes the District of Columbia and the territories. See Alaska Statutes 01.10.060
(1) qualify for the purchase of a charter halibut permit under applicable law; or
(2) qualify as a transferee for a charter halibut permit under applicable law.
(b) In addition to the requirements set out in (a) of this section, the applicant must provide to the department a document from a state financial institution stating that

(1) the applicant has been denied a loan for the same purpose; or
(2) a loan from the financial institution is contingent on the applicant also receiving a loan from the fund.
(c) To meet the residency requirements of (a) of this section, the applicant

(1) shall physically reside in this state and maintain a domicile in this state during the 24 consecutive months preceding the date of application for the program; and
(2) may not have

(A) declared or established residency in another state; or
(B) received residency or a benefit based on residency from another state.