(a) The activities referred to in AS 06.10.010 are
(1) making loans;
(2) receiving security for loans;
(3) acquiring by assignment or otherwise partial or entire interests in loans or in security for loans;
(4) servicing, collecting, enforcing, or otherwise realizing on loans or on security for loans or on interests therein and holding, managing, or disposing of proceeds therefrom; and
(5) entering into and performing contracts and doing other acts necessary or appropriate for or preliminary or incident to any of the foregoing activities.
(b) Loans within the meaning of this section may be
(1) evidenced by negotiable instruments or otherwise; and
(2) unsecured or secured by a lien upon or a pledge of real or personal property or both inside or outside this state.
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