A board member or employee of an authority is not subject to personal liability or accountability because of the execution or issuance of bonds.
Structure Alaska Statutes
Title 29. Municipal Government
Chapter 35. Municipal Powers and Duties
Sec. 29.35.600. Purpose of authorities.
Sec. 29.35.605. Establishment of port authorities.
Sec. 29.35.610. Dissolution of a port authority.
Sec. 29.35.615. Municipal property.
Sec. 29.35.625. Bonds of a port authority; superior court jurisdiction.
Sec. 29.35.630. Bonds eligible for investment.
Sec. 29.35.635. Validity of pledge.
Sec. 29.35.640. Credit of state or a municipality not pledged.
Sec. 29.35.645. Pledges of the state and municipalities.
Sec. 29.35.650. Limitation of liability.
Sec. 29.35.655. Limitation on personal liability.
Sec. 29.35.660. Fidelity bond.
Sec. 29.35.665. No taxing authority.
Sec. 29.35.670. Exemption from taxation.
Sec. 29.35.675. Development plan.
Sec. 29.35.680. Administration of port authorities; board.
Sec. 29.35.690. Bylaws and regulations.
Sec. 29.35.695. Authority subject to public records and open meetings laws.
Sec. 29.35.700. Annual report.
Sec. 29.35.720. Conflicting laws inapplicable.
Sec. 29.35.722. Ownership or operation of certain state facilities prohibited.