(a) The commissioner of commerce, community, and economic development may sell or transfer at par value or at a premium or discount to any bank or other private purchaser for cash or other consideration the mortgages and notes held by the Department of Commerce, Community, and Economic Development as security for loans made under AS 45.81.100 - 45.81.190. (b) [Repealed by § 14 ch 122 SLA 1980.]
Alaska Legal Code