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- Alaska Statutes.
- Title 18. Health, Safety, and Housing
- Chapter 55. Housing, Public Buildings, Urban Renewal, and Regional Housing Authorities
- Section 187. Independent Financial Advisor.
previous: Section 185
. Prohibited Bidding On Bonds and Notes. [Repealed, Sec. 4 Ch 86 SLA 1981].
next: Section 190
. Maximum Interest Rate. [Repealed, Sec. 1 Ch 52 SLA 1977].
AS 18.55.187. Independent Financial Advisor.
In negotiating the private sale of bonds or bond anticipation notes to an underwriter when that sale is authorized by
- 18.55.290, 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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