Alaska Statutes Title 19, Chapter 19.75, Article 02 - Powers and Duties

• Sec. 19.75.111 Powers and Duties of the Authority.
  (a) In furtherance of its purposes, the authority may(1) operate the Knik Arm bridge and its appurtenant facilities;(2) sue and be sued;(3) adopt a...
• Sec. 19.75.113 Assets, Funds, and Revenue of the Authority.
  (a) The Department of Revenue shall separately account for all funds, assets, and revenue of the authority.(b) The deposit or investment of money in...
• Sec. 19.75.211 - 19.75.251. Bonds of the Authority; Trust Indentures and Trust Agreements; Funds and Reserves; Validity of Pledge; Nonliability on Bonds; Pledge of the State. [Repealed, Sec. 13 Ch 51 Sla 2014].
  Repealed or Renumbered
• Sec. 19.75.261 Exemption From Taxation.
  The real and personal property of the authority and its assets, income, and receipts are declared to be the property of a political subdivision...
• Sec. 19.75.271 Bonds Legal Investments for Fiduciaries. [Repealed, Sec. 13 Ch 51 Sla 2014].
  Repealed or Renumbered
• Sec. 19.75.281 Audit.
  The legislative auditor annually shall audit, or cause to have audited, the financial records of the authority. The legislative auditor may prescribe the form...
• Sec. 19.75.291 State Appropriations for Knik Arm Bridge and Appurtenant Facilities Not Affected.
  This chapter does not prevent the state from making appropriations for or in aid of the operation of the Knik Arm bridge and its...
• Sec. 19.75.301 Insurance.
  The authority shall keep in force public liability insurance in an amount reasonably calculated to cover potential claims for bodily injury, death or disability,...
• Sec. 19.75.311 Safeguarding of Money.
  The authority shall maximize revenue from and deposit all money in depositories acceptable to the commissioner of revenue and otherwise safeguard the money under...
• Sec. 19.75.321 Fidelity Bond.
  The authority shall obtain a fidelity bond in an amount determined by the board, for the members of the board and any official responsible...
• Sec. 19.75.330 - 19.75.340. Bond Terms; Bond Resolution; Enforcement by Holder; Bond Negotiability; Refunding; Bonds As Legal Investments. [Repealed, Sec. 13 Ch 51 Sla 2014].
  Repealed or Renumbered
• Sec. 19.75.360 Transfer of Knik Arm Bridge.
  If the department constructs the Knik Arm bridge and appurtenant facilities, the department shall transfer control of the bridge and appurtenant facilities to the...

Last modified: November 15, 2016