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
Chapter 18. Alaska Tax Credit Certificate Bond Corporation
Sec. 37.18.010. Alaska Tax Credit Certificate Bond Corporation.
Sec. 37.18.020. Board of directors.
Sec. 37.18.030. Bond authorization; powers of the corporation.
Sec. 37.18.060. Bond resolution.
Sec. 37.18.070. Enforcement by bond owner.
Sec. 37.18.080. Purposes; limitation on issuance.
Sec. 37.18.100. Bonds as legal investments.
Sec. 37.18.110. Limitation on judicial action.