Financing assistance and management assistance provided by a licensee to a business may only be for the business purposes of the business.
AS 10.13.240
Limitation to purposes of business
Known as the Alaska BIDCO Act
The act spans §§ 10–10 (85 sections).
Official source: Alaska State Legislature. Reproduced from public-domain Alaska statutes; confirm against the official source for the current text. Not legal advice.