Alaska Statutes.
Title 14. Education, Libraries, and Museums
Chapter 40. The University of Alaska, the Community Colleges, and the Alaska Aerospace Development Corporation
Section 908. Independent Financial Advisor.
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AS 14.40.908. Independent Financial Advisor.

In negotiating the private sale of bonds or bond anticipation notes to an underwriter, the corporation shall retain a financial advisor who is independent from the underwriter. The financial advisor may not bid on the bonds or notes if offered at public sale or negotiate for their purchase if sold at private sale.

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