The department shall dispose of property acquired through default of a loan made under AS 44.33.950 — 44.33.990. Disposal must be made in a manner that serves the best interest of the state and may include the amortization of payments over a period of years.
AS 44.33.980
Disposal of property acquired after default
Official source: Alaska State Legislature. Reproduced from public-domain Alaska statutes; confirm against the official source for the current text. Not legal advice.