Alaska Statutes
Title 29. Municipal Government
Chapter 47. Municipal Debt

Article 1. Revenue Anticipation Notes.

Sec. 29.47.010. Borrowing in anticipation of revenue. - A municipality that is authorized to incur indebtedness may borrow...

Sec. 29.47.020. Issuance of notes. - A municipality may by ordinance or resolution authorize the issuance...

Sec. 29.47.030. Issuance of notes in anticipation of state or federal grants. - (a) A municipality, on adoption of a long-range capital improvement...

Sec. 29.47.040. Priority of repayment. - The payment of the principal and interest on revenue anticipation...

Article 2. Bond Anticipation Notes.

Sec. 29.47.080. Bond anticipation borrowing. - A municipality may borrow money in anticipation of the sale...

Sec. 29.47.090. Issuance of notes. - The governing body shall issue negotiable or nonnegotiable notes for...

Sec. 29.47.100. Issuance of new notes. - If the sale of the bonds has not occurred before...

Sec. 29.47.110. Repayment of notes. - Every note is payable from the proceeds of the sale...

Sec. 29.47.120. Security. - (a) Notwithstanding other provisions of this chapter as to payment...

Sec. 29.47.130. Limitation. - The total amount of notes issued and outstanding may at...

Sec. 29.47.140. Use of proceeds. - The proceeds from the sale of notes shall be used...

Article 3. General Obligation Bonds.

Sec. 29.47.180. General obligation bonds. - A municipality may acquire, construct, improve, and equip capital improvements...

Sec. 29.47.190. Vote and notice of existing indebtedness required. - (a) A municipality may incur general obligation bond debt only...

Sec. 29.47.200. Payment. - (a) The full faith and credit of a municipality are...

Article 4. Revenue Bonds.

Sec. 29.47.240. Revenue bonds. - (a) A municipality may issue negotiable or nonnegotiable revenue bonds...

Sec. 29.47.250. No election required. - An election is not required to authorize the issuance and...

Sec. 29.47.260. Applicability of AS 37.10.085. - The prohibitions of AS 37.10.085 do not apply to the...

Article 5. Refunding Bonds.

Sec. 29.47.300. Authorization. - If a municipality has outstanding general obligation or revenue bonds...

Sec. 29.47.310. Effect of refunding bonds. - The refunding bonds may take up and refund all or...

Sec. 29.47.320. No election required. - An election is not required to authorize the issuance and...

Sec. 29.47.330. Payment of refunding bonds. - General obligation refunding bonds are payable according to AS 29.47.200....

Sec. 29.47.340. Sale of refunding bonds. - General obligation or revenue refunding bonds may, at the discretion...

Article 6. Miscellaneous Provisions.

Sec. 29.47.390. Other municipal financing. - (a) A municipality may authorize by ordinance or resolution the...

Sec. 29.47.400. Sale. - Bonds and notes issued under this chapter may be sold...

Sec. 29.47.410. Forms and terms. - The municipality may by ordinance or resolution fix the date,...

Sec. 29.47.420. Interest rate. - The interest rate payable on a bond or note issued...

Sec. 29.47.430. Redemption before maturity. - A bond or note issued under this chapter may be...

Sec. 29.47.440. Borough indebtedness. - (a) A borough may incur indebtedness on (1) an areawide...

Sec. 29.47.450. Service area debt. - The indebtedness of a service area acquired under AS 29.47.440...

Sec. 29.47.460. Debt for improvement area projects. - (a) A municipality may issue bonds to finance or to...

Sec. 29.47.480. Accrued actuarial liabilities of retirement systems. - (a) A municipality, or two or more municipalities jointly, may...