The bonds are legal investments for all banks, trust companies, savings banks, savings and loan associations, and other persons carrying on a banking business, all insurance companies and other persons carrying on an insurance business, and all executors, administrators, trustees, and other fiduciaries. The bonds may be accepted as security for deposits of all money of the state and its political subdivisions.
Structure Alaska Statutes
Article 2. Toll Bridge Revenue Bonds.
Sec. 37.15.225. Bond authorization.
Sec. 37.15.230. Knik Arm construction fund.
Sec. 37.15.235. Toll bridge revenue bond limit.
Sec. 37.15.240. Toll bridge revenue fund.
Sec. 37.15.245. Toll bridge revenue bond redemption fund.
Sec. 37.15.255. Bond resolution.
Sec. 37.15.260. Bond reserve fund.
Sec. 37.15.265. Enforcement by bond owner.
Sec. 37.15.270. Amounts required for payments.
Sec. 37.15.280. Bonds as legal investments.