Notwithstanding the restrictions of any other law, all banks, trust companies, savings banks and institutions, building and loan associations, savings and loan associations, investment companies, and other persons carrying on a banking business, all insurance companies, insurance associations, and other persons carrying on an insurance business, and all executors, administrators, guardians, trustees, and other fiduciaries, may legally invest sinking funds, money, or other funds belonging to them or within their control in bonds or notes issued under this chapter.
Structure Alaska Statutes
Chapter 85. Alaska Municipal Bond Bank Authority
Sec. 44.85.005. Legislative findings.
Sec. 44.85.010. Legislative policy.
Sec. 44.85.020. Municipal Bond Bank Authority.
Sec. 44.85.030. Membership and vacancies.
Sec. 44.85.040. Officers, quorum, and meetings.
Sec. 44.85.050. Bonding of members.
Sec. 44.85.060. Compensation and expenses.
Sec. 44.85.080. Powers of bond bank authority.
Sec. 44.85.085. Creation of subsidiary corporation.
Sec. 44.85.086. Powers of subsidiary corporation.
Sec. 44.85.100. Annual report and audit.
Sec. 44.85.110. Annual budget.
Sec. 44.85.120. Care and custody of bonds.
Sec. 44.85.130. Effect of obligations.
Sec. 44.85.140. Negotiability of bonds or notes.
Sec. 44.85.150. Bonds or notes as legal investments.
Sec. 44.85.160. Tax exemption.
Sec. 44.85.170. Loans to political subdivisions and joint insurance arrangements.
Sec. 44.85.180. Issuance of bonds and notes.
Sec. 44.85.190. Form of issuance.
Sec. 44.85.210. Payment or refunding of notes.
Sec. 44.85.220. Terms of agreement with the bondholder or noteholder.
Sec. 44.85.230. Purchase and disposition of own obligations.
Sec. 44.85.240. Bond anticipation notes.
Sec. 44.85.250. Documentation.
Sec. 44.85.260. Presumption of validity.
Sec. 44.85.280. Additional funds and accounts.
Sec. 44.85.290. Application of funds.
Sec. 44.85.300. Rights of holders paramount.
Sec. 44.85.310. Default in payment; appointment of trustee.
Sec. 44.85.320. Powers and duties of trustee on default.
Sec. 44.85.330. Personal liability.
Sec. 44.85.340. Exemption from execution and sale.
Sec. 44.85.350. Lien of pledge.
Sec. 44.85.360. Insurance or guaranty.
Sec. 44.85.370. Surety for deposits by bank.
Sec. 44.85.380. Expenses of administration.
Sec. 44.85.390. Cooperation by government agencies.