- Alaska Statutes.
- Title 37. Public Finance
- Chapter 15. Bonding
- Section 310. Issuance of Notes.
previous: Section 300
. Borrowing in Anticipation of Sale of Bonds Permitted.
next: Section 320
. Issuance of New Notes. [Repealed, Sec. 3 Ch 41 SLA 1967].
AS 37.15.310. Issuance of Notes.
The state bond committee shall issue notes for the amounts borrowed with a maturity date not to exceed one year from
the date of issue. All the notes are payable at a fixed place, on or before a fixed time, or at a fixed time, from the
proceeds of the sale of bonds, in anticipation of which the original note or notes were issued, unless the bonds have
not been sold by the maturity date of the notes. Interest on the notes is payable at a fixed place, on or before a
fixed time, out of appropriations made for the payment of interest on general obligation notes or bonds of the state.
All content © 2008 by Touch
N' Go/Bright Solutions, Inc.
Note to HTML Version:
This version of the Alaska Statutes is current through December, 2007. The Alaska Statutes were automatically converted to HTML from a plain text format. Every effort has been made to ensure their accuracy, but this can not be guaranteed. If it is critical that the precise terms of the Alaska Statutes be known, it is recommended that more formal sources be consulted. For statutes adopted after the effective date of these statutes, see, Alaska State Legislature
If any errors are found, please e-mail Touch N' Go systems at E-mail. We
hope you find this information useful.