Alaska Statutes > Title 44 > Chapter 88 > Article 7 – Rural Development Initiative Fund
Current as of: 2023 | Check for updates
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Other versions
| § 44.88.600 | Rural development initiative fund |
| § 44.88.610 | Rural development loans |
| § 44.88.620 | Disposal of property acquired by default or foreclosure |
Terms Used In Alaska Statutes > Title 44 > Chapter 88 > Article 7 - Rural Development Initiative Fund
- Amortization: Paying off a loan by regular installments.
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
- person: includes a corporation, company, partnership, firm, association, organization, business trust, or society, as well as a natural person. See Alaska Statutes 01.10.060
- property: includes real and personal property. See Alaska Statutes 01.10.060
- 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