Alaska Statutes > Title 45 > Chapter 81 > Article 2 – Tourism Revolving Loan Fund
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Terms Used In Alaska Statutes > Title 45 > Chapter 81 > Article 2 - Tourism Revolving Loan Fund
- Amortization: Paying off a loan by regular installments.
- 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
- Lien: A claim against real or personal property in satisfaction of a debt.
- 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