Alaska Statutes
Alaska Stat. § 44.85.020 (2026)
Municipal Bond Bank Authority
✓ current as of July 2026
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Sec. 44.85.020. Municipal Bond Bank Authority.
There is created the Alaska Municipal Bond Bank Authority. The authority is a public corporation of the state. The corporation is an instrumentality of the state within the Department of Revenue but has a legal existence independent of and separate from the state and has continuing succession until its existence is terminated by law. The exercise by the authority of the powers conferred by this chapter is considered an essential governmental function of the state.
There is created the Alaska Municipal Bond Bank Authority. The authority is a public corporation of the state. The corporation is an instrumentality of the state within the Department of Revenue but has a legal existence independent of and separate from the state and has continuing succession until its existence is terminated by law. The exercise by the authority of the powers conferred by this chapter is considered an essential governmental function of the state.
Notes of Decisions
Cited in 1
case, 2003–2003 · leading case: Susan Holz v. Nenana City Pub. Sch. Dist. Terry Bentley Joanne Romero Endil Moore, 347 F.3d 1176 (9th Cir. 2003).
Susan Holz v. Nenana City Pub. Sch. Dist. Terry Bentley Joanne Romero Endil Moore, 347 F.3d 1176 (9th Cir. 2003). “” Alaska Stat. § 44.85.020 provides that the exercise of authority by the Alaska Municipal Bond Bank Authority “is considered an essential governmental function of the state.”
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