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The bond purchase agreement entered into between the corporation and the lead underwriter selected under this section must contain
(1) a statement that the law of this state pertains to the agreement;
(2) a statement that the corporation will not indemnify the underwriters; and
(3) a statement that the compensation to be paid by the corporation shall be no greater than the compensation stated in the lead underwriter's proposal to the request for financing proposal for the particular bond issuance.
History: Eff. 11/5/2000, Register 156
Authority: AS 14.42.150
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Last modified 7/05/2006