Statutes > Alaska Statutes > Title 44 - STATE GOVERNMENT > Chapter 44.33. - DEPARTMENT OF COMMERCE, COMMUNITY, AND ECONOMIC DEVELOPMENT > Article 08 - ALASKA CAPSTONE AVIONICS REVOLVING LOAN FUND > Sec. 44.33.680. - Disposal of property acquired by default or foreclosure.

Sec. 44.33.680. - 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 44.33.650 - 44.33.690. Disposal must be made in a manner that serves the best interest of the state and may include the amortization of payments over a term of years.