Sec. 16.10.840. Definitions.
In AS 16.10.801 – 16.10.840, (1) “commissioner” means the commissioner of commerce, community, and economic development; (2) “department” means the Department of Commerce, Community, and Economic Development.
Sec. 16.10.890. Declaration of policy.
It is the policy of the state, under AS 16.10.890 – 16.10.945, to promote mariculture and the enhancement of the state’s shellfish fisheries by means of long-term, low-interest loans.
Sec. 16.10.900. Mariculture revolving loan fund.
(a) The mariculture revolving loan fund is created in the Department of Commerce, Community, and Economic Development to carry out the purposes of AS 16.10.890 – 16.10.945. (b) The mariculture revolving loan fund consists of the following: (1) money appropriated to, transferred to, or received by gift, grant, devise, bequest, or donation to the fund; […]
Sec. 16.10.905. Powers and duties of the department.
The department may (1) make loans to eligible applicants under AS 16.10.890 – 16.10.945 for the planning, construction, and operation of a (A) mariculture business; (B) hatchery that artificially propagates marine aquatic plants or shellfish; or (C) a shellfish enhancement project; (2) receive, take, hold, and administer any appropriation, transfer, gift, grant, bequest, devise, or […]
Sec. 16.10.910. Eligibility.
(a) For an applicant to be eligible for a loan under AS 16.10.890 – 16.10.945, the applicant shall be (1) a resident of the state who has (A) a permitted mariculture farm location in this state; and (B) experience or training in the mariculture industry; or (2) a resident of the state or entity organized […]
Sec. 16.10.915. Limitations on loans.
(a) Except as provided in (b) and (c) of this section, a loan under AS 16.10.890 -16.10.945 (1) may not exceed (A) $100,000 a year for an applicant under AS 16.10.910(a)(1); or (B) $1,000,000 a year for an applicant under AS 16.10.910(a)(2); (2) may not, unless extended under AS 16.10.905, exceed a term of (A) […]
Sec. 16.10.790. Fines.
Notwithstanding the provisions of AS 12.55.035(b) and (c), a person convicted of an offense under AS 16.10.760 – 16.10.780 may be sentenced to pay a fine not exceeding the greater of (1) $100,000; (2) three times the pecuniary gain realized by the person as a result of the offense; or (3) if the person is […]
Sec. 16.10.800. Definitions.
In AS 16.10.750 – 16.10.800, (1) “high seas interception,” “interception,” or a similar term means the unauthorized catching, taking, or harvesting of salmon for other than sport, subsistence, or personal use purposes, (A) throughout the migratory range of each species, by a vessel not registered under the laws of this state; or (B) beyond the […]
Sec. 16.10.801. Commercial charter fisheries revolving loan fund.
(a) The commercial charter fisheries revolving loan fund is created in the Department of Commerce, Community, and Economic Development to carry out the purposes of AS 16.10.801 – 16.10.840. (b) The commercial charter fisheries revolving loan fund consists of the following: (1) money appropriated to, transferred to, or received by gift, grant, devise, bequest, or […]
Sec. 16.10.505. Fisheries enhancement revolving loan fund.
(a) There is created within the Department of Commerce, Community, and Economic Development a revolving fund to be known as the fisheries enhancement revolving loan fund. Except as provided in (b) and (c) of this section, the fund shall be used to carry out the purposes of AS 16.10.500 – 16.10.560 and for no other […]