Alaska Statutes.
Title 29. Municipal Government
Chapter 47. Municipal Debt
Section 300. Authorization.
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AS 29.47.300. Authorization.

If a municipality has outstanding general obligation or revenue bonds and the governing body determines that it would be financially advantageous to refund the bonds, the municipality may provide by ordinance or resolution for the issuance of negotiable or nonnegotiable

(1) general obligation refunding bonds; or

(2) revenue refunding bonds.

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