Alaska Statutes
Chapter 42. Postsecondary Education Commission and Loan Corporation
Article 2. Alaska Student Loan Corporation.

Sec. 14.42.100. Creation of Alaska Student Loan Corporation. - There is created the Alaska Student Loan Corporation. The corporation...

Sec. 14.42.120. Corporation governing body. - (a) The corporation shall be governed by a board of...

Sec. 14.42.130. Meetings of the board. - (a) The board shall meet at the call of its...

Sec. 14.42.140. Minutes of meetings. - The board shall keep minutes of each meeting and send...

Sec. 14.42.150. Administration of affairs. - The board shall manage the assets and business of the...

Sec. 14.42.160. Executive officer. - The executive officer of the Commission on Postsecondary Education appointed...

Sec. 14.42.170. Staff. - The employees of the Alaska Commission on Postsecondary Education shall...

Sec. 14.42.190. Budget. - The operating budget of the corporation is subject to AS...

Sec. 14.42.200. General powers. - In addition to other powers granted in this chapter, the...

Sec. 14.42.205. Supplemental education loans: financing program. - (a) The purpose of this section is to provide for...

Sec. 14.42.210. Education loan fund and program administration. - (a) The education loan fund is established in the corporation....

Sec. 14.42.215. Interest. - (a) The corporation shall set the interest rate on a...

Sec. 14.42.220. Bonds of the corporation. - (a) The corporation may borrow money and may issue bonds,...

Sec. 14.42.230. Trust indentures and trust agreements. - An issue of bonds by the corporation may be secured...

Sec. 14.42.240. Reserves and capital reserves. - (a) For the purpose of securing one or more issues...

Sec. 14.42.250. Validity of pledge. - It is the intention of the legislature that a pledge...

Sec. 14.42.260. Nonliability on bonds. - (a) The members of the board and individuals executing the...

Sec. 14.42.265. Underwriters. - The board may select one or more underwriters for its...

Sec. 14.42.270. Pledge and agreement of state. - The state pledges to and agrees with holders of bonds...

Sec. 14.42.280. Exemption from taxation. - The real and personal property of the corporation and its...

Sec. 14.42.290. Bonds legal investments for fiduciaries. - The bonds of the corporation are securities in which public...

Sec. 14.42.295. Payment to state. - (a) The board may elect to pay the state a...

Sec. 14.42.300. Operation of certain statutes excepted. - (a) The corporation is not a municipality as the term...

Sec. 14.42.310. Annual audit. - The financial records of the corporation shall be audited annually...