The interest rate payable on a bond or note issued under this chapter shall be determined by the municipality and is not subject to the usury rate limitations of AS 45.45.010.
Structure Alaska Statutes
Title 29. Municipal Government
Article 6. Miscellaneous Provisions.
Sec. 29.47.390. Other municipal financing.
Sec. 29.47.410. Forms and terms.
Sec. 29.47.420. Interest rate.
Sec. 29.47.430. Redemption before maturity.
Sec. 29.47.440. Borough indebtedness.
Sec. 29.47.450. Service area debt.
Sec. 29.47.460. Debt for improvement area projects.
Sec. 29.47.480. Accrued actuarial liabilities of retirement systems.