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Article 1. State Bonding Act.
Sec. 37.15.010. Full faith and credit for general obligation bonds. - The full faith, credit, and resources of the state are...
Sec. 37.15.011. Alaska debt retirement fund. - (a) The Alaska debt retirement fund is established as a...
Sec. 37.15.012. Continuing debt service appropriation. - The amounts required annually to pay the principal, interest, and...
Sec. 37.15.015. Notice before election. - (a) Before a general or special election in which a...
Sec. 37.15.020. Manner and amounts of sale. - The state bond committee shall sell the bonds of each...
Sec. 37.15.030. Interest rate and maturity. - Each issue or series of bonds must bear interest at...
Sec. 37.15.040. Sale of bonds. - Before selling an issue or series of bonds, the state...
Sec. 37.15.050. Redemption. - The state bond committee may determine whether the bonds are...
Sec. 37.15.060. Form and registration of bonds. - An issue or series of bonds may be issued in...
Sec. 37.15.070. Place of payment. - The state bond committee may fix the place or places...
Sec. 37.15.080. Signatures and seal. - (a) Each bond shall be signed on behalf of the...
Sec. 37.15.090. Terms and conditions. - Each issue or series of bonds shall be issued under...
Sec. 37.15.100. Trustee. - If the state bond committee finds it necessary to accomplish...
Sec. 37.15.110. Creation and membership of state bond committee. - There is created a committee known as the “state bond...
Sec. 37.15.120. Regulations. - The state bond committee may adopt regulations for the performance...
Sec. 37.15.130. Officers, records, and proceedings. - The commissioner of commerce, community, and economic development is the...
Sec. 37.15.140. Duties of state bond committee. - The state bond committee shall adopt the resolution and prepare...
Sec. 37.15.150. Committee may employ special services. - If the state bond committee considers it necessary and advisable,...
Sec. 37.15.155. Prohibited bidding on bonds and anticipation notes. - (a) A person who provides financial programming or marketing assistance...
Sec. 37.15.160. Contents of resolution. - The resolution adopted by the state bond committee must (1)...
Sec. 37.15.170. State bond committee to certify annual principal, interest, and reserve requirements. - (a) Before December 1 of each year after bonds are...
Sec. 37.15.180. Remedies of bondholders. - The owner and holder of each bond or the trustee...
Sec. 37.15.190. Negotiability. - General obligation bonds of the state and the coupons attached...
Sec. 37.15.200. Bonds as legal investments. - General obligation bonds of the state are legal investments for...
Sec. 37.15.210. Refunding bonds. - (a) All or a part of the general obligation bonds...
Sec. 37.15.215. Official statements. - To the extent practicable the official statements and other documentation...
Sec. 37.15.220. Short title. - AS 37.15.010 - 37.15.220 may be cited as the State...
Article 2. Toll Bridge Revenue Bonds.
Sec. 37.15.225. Bond authorization. - (a) For purposes of financing a portion of the costs...
Sec. 37.15.230. Knik Arm construction fund. - (a) The Knik Arm construction fund is established in the...
Sec. 37.15.235. Toll bridge revenue bond limit. - The total unpaid principal amount of revenue bonds issued under...
Sec. 37.15.240. Toll bridge revenue fund. - (a) The toll bridge revenue fund is established as a...
Sec. 37.15.245. Toll bridge revenue bond redemption fund. - (a) The toll bridge revenue bond redemption fund is established...
Sec. 37.15.250. Bond terms. - (a) The bonds may be issued and sold at public...
Sec. 37.15.255. Bond resolution. - The committee shall authorize the issuance of bonds by adopting...
Sec. 37.15.260. Bond reserve fund. - (a) The resolution authorizing the issuance of the bonds under...
Sec. 37.15.265. Enforcement by bond owner. - The holder of any bonds or the trustee for the...
Sec. 37.15.270. Amounts required for payments. - The committee shall, before June 30 of each year or...
Sec. 37.15.275. Refunding. - (a) The committee may refund the bonds or any part...
Sec. 37.15.280. Bonds as legal investments. - The bonds are legal investments for all banks, trust companies,...
Sec. 37.15.285. Statutory construction. - AS 37.15.225 - 37.15.290 shall be liberally construed in order...
Sec. 37.15.290. Definitions. - In AS 37.15.225 - 37.15.290, (1) “authority” means (A) the...
Article 3. Bond Anticipation Notes.
Sec. 37.15.300. Borrowing in anticipation of sale of bonds permitted. - When the state bond committee considers it in the best...
Sec. 37.15.310. Issuance of notes. - The state bond committee shall issue notes for the amounts...
Sec. 37.15.330. Repayment of notes. - Every note shall be payable from the proceeds of the...
Sec. 37.15.340. Security for repayment of general obligation bonds. - Notes issued in anticipation of the sale of general obligation...
Sec. 37.15.350. Security for repayment of revenue bonds. - Notes issued in anticipation of the sale of revenue bonds...
Sec. 37.15.360. Limitation on issuance of notes. - The total amount of such notes issued and outstanding shall...
Sec. 37.15.370. Use of proceeds from sale of notes. - The proceeds from the sale of the notes shall be...
Sec. 37.15.380. Sale of notes. - Notes issued under this chapter shall be sold by the...
Sec. 37.15.390. Execution of notes. - Notes for money borrowed in anticipation of receipts from the...
Article 4. International Airports Revenue Bonds.
Sec. 37.15.410. Bond authorization. - For the purpose of providing part or all of the...
Sec. 37.15.415. Continuing revenue bond debt service appropriation. - The amounts required annually to pay the principal, interest, and...
Sec. 37.15.420. International airports construction fund. - (a) There is established the “International Airports Construction Fund,” into...
Sec. 37.15.430. International airports revenue fund. - (a) There is established an enterprise fund known as the...
Sec. 37.15.440. International airports revenue bond redemption fund. - There is another special fund of the state, known as...
Sec. 37.15.450. Bond terms. - (a) The bonds may be sold at public or private...
Sec. 37.15.460. Bond resolution. - The committee shall adopt the bond resolution and prepare all...
Sec. 37.15.470. Enforcement by holder. - The holder of any bonds or the trustee for the...
Sec. 37.15.480. Amounts required for payments. - The committee shall, before December 31 of each year, commencing...
Sec. 37.15.490. Bond negotiability. - The bonds and the coupons attached to them are fully...
Sec. 37.15.500. Airport charges. - As provided in AS 02.15.090(a), the commissioner of transportation and...
Sec. 37.15.510. State improvements to airports. - The state is authorized to acquire, equip, construct, and install...
Sec. 37.15.520. Refunding. - (a) The bonds or any part of them may be...
Sec. 37.15.530. Bonds as legal investments. - The bonds are legal investments for all banks, trust companies,...
Sec. 37.15.540. Statutory construction. - AS 37.15.410 - 37.15.550 shall be liberally construed in order...
Sec. 37.15.550. Definitions. - In AS 37.15.410 - 37.15.550, unless the context otherwise requires,...
Article 5. Alaska Clean Water Fund and Drinking Water Fund Bonds.
Sec. 37.15.560. Bond authorization. - (a) For purposes of providing part of the money to...
Sec. 37.15.565. Bond redemption funds. - (a) There are established special funds of the state, known...
Sec. 37.15.570. Bond terms. - (a) The bonds may be issued and sold at public...
Sec. 37.15.573. Bond resolution. - The committee shall authorize the issuance of bonds by adopting...
Sec. 37.15.575. State aid intercept. - If a municipality is in default on the payment of...
Sec. 37.15.580. Pledge of the state. - The state pledges to and agrees with the holders of...
Sec. 37.15.583. Enforcement by bond owner. - (a) The owner or owners of not less than 10...
Sec. 37.15.585. Amounts required for payments. - The committee shall, before June 30 of each year or...
Sec. 37.15.587. Purposes and sufficiency of revenue. - The proceeds of bonds may be used for the purposes...
Sec. 37.15.590. Refunding. - (a) The committee may refund the bonds or any part...
Sec. 37.15.595. Bonds as legal investments. - The bonds are legal investments for all banks, trust companies,...
Sec. 37.15.600. Statutory construction. - AS 37.15.560 - 37.15.605 shall be liberally construed in order...
Sec. 37.15.603. Regulations. - The committee may adopt regulations necessary to implement the provisions...
Sec. 37.15.605. Definitions. - In AS 37.15.560 - 37.15.605, (1) “bond redemption funds” means...
Article 6. Toll Facilities Revenue Bonds.
Sec. 37.15.610. Bond authorization. - For the purpose of providing part or all of the...
Sec. 37.15.620. Construction fund. - (a) The toll facilities construction fund is established for deposit...
Sec. 37.15.630. Revenue fund. - (a) The toll facilities revenue fund is established and shall...
Sec. 37.15.640. Bond redemption fund. - The toll facilities revenue bond redemption fund is established for...
Sec. 37.15.650. Bond terms. - (a) The toll facilities bonds are sold in the amounts...
Sec. 37.15.660. Bond resolution. - The committee is authorized and directed to adopt the bond...
Sec. 37.15.670. Enforcement by holder. - The holder of any bonds or the trustee for the...
Sec. 37.15.680. Amounts required for payments. - The committee shall, before December 31 of each year, commencing...
Sec. 37.15.690. Bond negotiability. - The bonds and the coupons attached to them are fully...
Sec. 37.15.700. Refunding. - (a) The bonds or any part of them may be...
Sec. 37.15.710. Bonds as legal investments. - Toll facilities bonds are legal investments for all banks, trust...
Sec. 37.15.720. State toll facilities. - The state is authorized to acquire, construct, equip, and maintain...
Sec. 37.15.730. Review of toll facility projects. - A toll facility may be financed under AS 37.15.610 -...
Sec. 37.15.740. Toll facility charges. - The commissioner of transportation and public facilities shall fix and...
Sec. 37.15.750. Statutory construction. - AS 37.15.610 - 37.15.760 shall be liberally construed in order...
Sec. 37.15.760. Definitions. - In AS 37.15.610 - 37.15.760, unless the context requires otherwise,...
Article 7. Private Activity Bonds.
Sec. 37.15.800. Tax-exempt bonds and tax credits. - (a) As authorized under 26 U.S.C. 146(e), the state bond...
Article 8. Pension Obligation Bonds.
Sec. 37.15.900. Bond authorization. - (a) For purposes of financing prepayment of all or a...
Sec. 37.15.903. Pension obligation bond limit. - The total unpaid principal amount of bonds, including refunding bonds,...
Sec. 37.15.905. Bond redemption fund. - (a) There is established a special fund of the state,...
Sec. 37.15.910. Bond terms. - (a) The bonds may be issued and sold at public...
Sec. 37.15.915. Bond resolution. - The committee shall authorize the issuance of bonds by adopting...
Sec. 37.15.920. Enforcement by bond owner. - (a) The owner or owners of not less than 10...
Sec. 37.15.925. Amounts required for payments. - The committee shall, before June 30 of each year or...
Sec. 37.15.930. Purposes and sufficiency of revenue. - The proceeds of bonds may be used for the purposes...
Sec. 37.15.935. Refunding. - (a) The committee may refund the bonds or any part...
Sec. 37.15.940. Bonds as legal investments. - The bonds are legal investments for all banks, trust companies,...
Sec. 37.15.945. Statutory construction. - AS 37.15.900 - 37.15.955 shall be liberally construed to carry...
Sec. 37.15.950. Regulations. - The committee may adopt regulations necessary to implement the provisions...
Sec. 37.15.955. Definitions. - In AS 37.15.900 - 37.15.955, (1) “bond redemption fund” means...