Before selling an issue or series of bonds, the state bond committee shall give notice inviting sealed bids in a manner that it may prescribe. If satisfactory bids are received, the bonds offered for sale shall be awarded to the highest responsible bidder. If the state bond committee determines that the bids received are not satisfactory as to price or responsibility of the bidders, it may reject all bids received.
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.