State Codes and Statutes

Statutes > Alaska > Title-37 > Chapter-37-17 > Sec-37-17-570

(a) A BIDCO capitalization loan must be structured so that the full amount of the principal is due in a lump sum at the end of the loan term.

(b) Interest on a BIDCO capitalization loan accrues during the loan term and is due at the end of the loan term.

State Codes and Statutes

Statutes > Alaska > Title-37 > Chapter-37-17 > Sec-37-17-570

(a) A BIDCO capitalization loan must be structured so that the full amount of the principal is due in a lump sum at the end of the loan term.

(b) Interest on a BIDCO capitalization loan accrues during the loan term and is due at the end of the loan term.


State Codes and Statutes

State Codes and Statutes

Statutes > Alaska > Title-37 > Chapter-37-17 > Sec-37-17-570

(a) A BIDCO capitalization loan must be structured so that the full amount of the principal is due in a lump sum at the end of the loan term.

(b) Interest on a BIDCO capitalization loan accrues during the loan term and is due at the end of the loan term.