The department shall dispose of property acquired through default or foreclosure of a loan made under AS 44.33.240 — 44.33.275. 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.
AS 44.33.272
Disposal of property acquired by default or foreclosure
Official source: Alaska State Legislature. Reproduced from public-domain Alaska statutes; confirm against the official source for the current text. Not legal advice.