Toll facilities 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 6. Toll Facilities Revenue Bonds.
Sec. 37.15.610. Bond authorization.
Sec. 37.15.620. Construction fund.
Sec. 37.15.640. Bond redemption fund.
Sec. 37.15.660. Bond resolution.
Sec. 37.15.670. Enforcement by holder.
Sec. 37.15.680. Amounts required for payments.
Sec. 37.15.690. Bond negotiability.
Sec. 37.15.710. Bonds as legal investments.
Sec. 37.15.720. State toll facilities.
Sec. 37.15.730. Review of toll facility projects.
Sec. 37.15.740. Toll facility charges.