Alaska Statutes
Alaska Stat. § 37.18.080 (2026)
Purposes; limitation on issuance
✓ current as of July 2026
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Sec. 37.18.080. Purposes; limitation on issuance.
The proceeds of bonds may be used for the purposes described in AS 37.18.030, as appropriate. Bonds may not be issued unless the corporation first finds that the discount rate under AS 43.55.028(m) exceeds the true interest cost to be paid on the bonds by at least 1.5 percent annually.
The proceeds of bonds may be used for the purposes described in AS 37.18.030, as appropriate. Bonds may not be issued unless the corporation first finds that the discount rate under AS 43.55.028(m) exceeds the true interest cost to be paid on the bonds by at least 1.5 percent annually.
Notes of Decisions
Cited in 1
case, 2020–2020 · leading case: Eric Forrer v. State of Alaska & Lucinda Mahoney, 471 P.3d 569 (Alaska 2020).
Eric Forrer v. State of Alaska & Lucinda Mahoney, 471 P.3d 569 (Alaska 2020). “98 AS 37.18.080. 99 AS 37.18.090. If necessary, the Corporation is also permitted to provide (continued.”
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