The amounts required annually to pay the principal, interest, and redemption premium on all issued and outstanding general obligation bonds of the state are appropriated each fiscal year from the Alaska debt retirement fund to the state bond committee to make all required payments of principal, interest, and redemption premium. If the balance of the Alaska debt retirement fund is insufficient to fully pay these amounts, the necessary additional amounts are appropriated from the general fund to the state bond committee to make all required payments of principal, interest, and redemption premium.
Structure Alaska Statutes
Sec. 37.15.010. Full faith and credit for general obligation bonds.
Sec. 37.15.011. Alaska debt retirement fund.
Sec. 37.15.012. Continuing debt service appropriation.
Sec. 37.15.015. Notice before election.
Sec. 37.15.020. Manner and amounts of sale.
Sec. 37.15.030. Interest rate and maturity.
Sec. 37.15.040. Sale of bonds.
Sec. 37.15.060. Form and registration of bonds.
Sec. 37.15.070. Place of payment.
Sec. 37.15.080. Signatures and seal.
Sec. 37.15.090. Terms and conditions.
Sec. 37.15.110. Creation and membership of state bond committee.
Sec. 37.15.130. Officers, records, and proceedings.
Sec. 37.15.140. Duties of state bond committee.
Sec. 37.15.150. Committee may employ special services.
Sec. 37.15.155. Prohibited bidding on bonds and anticipation notes.
Sec. 37.15.160. Contents of resolution.
Sec. 37.15.180. Remedies of bondholders.
Sec. 37.15.190. Negotiability.
Sec. 37.15.200. Bonds as legal investments.
Sec. 37.15.210. Refunding bonds.