- Alaska Statutes.
- Title 37. Public Finance
- Chapter 15. Bonding
- Section 587. Purposes and Sufficiency of Revenue.
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. Amounts Required For Payments.
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AS 37.15.587. Purposes and Sufficiency of Revenue.
The proceeds of bonds may be used for the purposes described in AS 46.03.032 or 46.03.036, as appropriate. Bonds may not be issued unless
the committee first finds that revenue to be derived from repayment of loans from the Alaska clean water fund or the
Alaska drinking water fund, as appropriate, will be sufficient, together with other available money, to comply with all
covenants of the bond resolutions.
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