- Alaska Statutes.
- Title 37. Public Finance
- Chapter 15. Bonding
- Section 12. Continuing Debt Service Appropriation.
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. Alaska Debt Retirement Fund.
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. Notice Before Election.
AS 37.15.012. Continuing Debt Service Appropriation.
The amounts required annually to pay the principal, interest, and redemption premium on all issued and outstanding
general obligation bonds of the state are appropriated each fiscal year from the Alaska debt retirement fund to the
state bond committee to make all required payments of principal, interest, and redemption premium. If the balance of
the Alaska debt retirement fund is insufficient to fully pay these amounts, the necessary additional amounts are
appropriated from the general fund to the state bond committee to make all required payments of principal, interest,
and redemption premium.
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