Alaska Statutes.
Title 37. Public Finance
Chapter 15. Bonding
Section 787. Purposes and Sufficiency of Revenue.
previous: Section 783. Amounts Required for Payments.
next: Section 790. Refunding.

AS 37.15.787. Purposes and Sufficiency of Revenue.

The proceeds of bonds may be used for the purposes described in AS 16.05.092 . Bonds may not be issued unless the committee first finds that revenue to be derived from revenue dedicated to the Alaska sport fishing enterprise account will be sufficient, together with other available money, to comply with all covenants of the bond resolutions.

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.