Alaska Stat. § 29.45.100

No limitations on taxes to pay bonds

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Sec. 29.45.100. No limitations on taxes to pay bonds.
The limitations provided for in AS 29.45.080 — 29.45.090 do not apply to taxes levied or pledged to pay or secure the payment of the principal and interest on bonds. Taxes to pay or secure the payment of principal and interest on bonds may be levied without limitation as to rate or amount, regardless of whether the bonds are in default or in danger of default.


Notes of Decisions
Cited in 2 cases, 2001–2001 · leading case: Bullock v. State, Department of Community & Regional Affairs
Bullock v. State, Department of Community & Regional Affairs (2001) alaska · cites it 11× “080 and AS 29.45.100, that apply to municipalities with significant oil and gas properties.”
Bullock v. STATE, DEPT. OF COMM. AFFAIRS (2001) alaska · cites it 11× “080 and AS 29.45.100, that apply to municipalities with significant oil and gas properties.”
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