The department shall dispose of property acquired through default or foreclosure of a loan made under AS 45.88.100 — 45.88.190. 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 45.88.140
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.