Sec. 45.88.025. Eligibility.
To be eligible for a loan under AS 45.88.010 – 45.88.090, an applicant must (1) physically reside in the state and maintain a domicile in the state during 12 consecutive months before the date of application for a loan and may not have (A) declared or established residency in another state; or (B) received residency […]
Sec. 45.81.120. Powers of the Department of Commerce, Community, and Economic Development.
(a) The department may (1) make loans to a business directly involved in the tourist industry; (2) designate agents and delegate powers to them as is necessary; (3) adopt regulations necessary to carry out its functions, including regulations to establish reasonable fees for services provided and charges for collecting the fees; (4) establish amortization plans […]
Sec. 45.88.030. Loan terms.
(a) A loan made under AS 45.88.010 – 45.88.090 may not exceed $50,000. If the requested loan amount exceeds $30,000, the applicant must deliver to the department a document from a financial institution stating that (1) the applicant has been denied a loan for the same purpose; or (2) the loan from the financial institution […]
Sec. 45.81.130. Limitations on loans.
(a) State participation in a loan to a business may not be more than $3,000,000. (b) The loan shall be secured by acceptable collateral and may not exceed 75 percent of the appraised value of the collateral offered as security. (c) The rate of interest may not exceed nine and one-half percent a year on […]
Sec. 45.88.050. Disposal of property acquired by default or foreclosure.
The Department of Commerce, Community, and Economic Development shall dispose of property acquired through default or foreclosure of a loan made under AS 45.88.010 – 45.88.090. Disposal shall be made in a manner that serves the best interests of the state, and may include the amortization of payments over a period of years.
Sec. 45.75.340. Presumptive evidence.
For the purposes of this chapter, proof of the existence of a weight or measure or a weighing or measuring device in or about a building, enclosure, stand, or vehicle in which or from which it is shown that buying or selling is commonly carried on is, in the absence of conclusive evidence to the […]
Sec. 45.75.350. Validity of prosecutions.
Prosecutions for violation of this chapter are valid and proper notwithstanding the existence of another valid general or specific law of this state dealing with matters that may be the same as or similar to those covered by this chapter.
Sec. 45.75.380. Offenses and penalties.
(a) A person commits a violation subject to the penalty specified in AS 12.55.035(b)(7) if the person does one or more of the following acts: (1) uses or has in possession for the purpose of using for a commercial purpose specified in AS 45.75.080, sells, offers, or exposes for sale, or hire, or has in […]
Sec. 45.75.390. Definitions.
In this chapter, (1) “barrel,” when used in connection with fermented liquor, means a unit of 31 gallons; (2) “commodity in package form” means a commodity put up or packaged in any manner in advance of sale in units suitable for wholesale or retail sale, but does not include an auxiliary shipping container enclosing packages […]
Sec. 45.75.400. Short title.
This chapter may be cited as the Weights and Measures Act.