Alaska § 16.10.900 - Mariculture revolving loan fund.
Full text of Alaska Alaska Statutes § 16.10.900 — Mariculture revolving loan fund., with citation guidance and answers to common questions.
§ 16.10.900. Mariculture revolving loan fund.
(a) The mariculture revolving loan fund is created in the Department of Commerce, Community, and Economic Development to carry out the purposes of AS 16.10.890 — 16.10.945.
(b) The mariculture revolving loan fund consists of the following: (1) money appropriated to, transferred to, or received by gift, grant, devise, bequest, or donation to the fund;
(2) principal and interest payments or other income earned on loans or investments of the fund; and
(3) money chargeable to principal or interest that is collected through liquidation by foreclosure or other process on loans made under AS 16.10.890 — 16.10.945.
(c) Money in the fund may be used by the legislature to make appropriations for costs of administering AS 16.10.890 — 16.10.945.
(d) Of the total amount available annually to the department to carry out the purposes of AS 16.10.890 — 16.10.945, less any funds appropriated under (c) of this section, 60 percent shall be available solely for making loans under AS 16.10.910 (a)(1) and the remainder shall be available solely for making loans under AS 16.10.910 (a)(2).
Source: official Alaska text · Last verified 2026-08-27
Frequently Asked Questions About Alaska § 16.10.900
What does Alaska Statutes § 16.10.900 cover?
Section 16.10.900 ("Mariculture revolving loan fund.") is part of the Alaska Statutes, the codified statutory law of Alaska. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Alaska § 16.10.900?
A common citation format is "Alaska Statutes § 16.10.900" (Alaska). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Alaska law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Alaska official source linked on this page or consult a licensed Alaska attorney.
How does Alaska § 16.10.900 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Alaska can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Alaska.