Alaska Statutes Title 37, Chapter 37.15, Article 03 - Bond Anticipation Notes

• Sec. 37.15.300 Borrowing in Anticipation of Sale of Bonds Permitted.
  When the state bond committee considers it in the best interests of the state, it may borrow money in anticipation of the sale of...
• Sec. 37.15.310 Issuance of Notes.
  The state bond committee shall issue notes for the amounts borrowed with a maturity date not to exceed one year from the date of...
• Sec. 37.15.320 Issuance of New Notes. [Repealed, Sec. 3 Ch 41 Sla 1967].
  Repealed or Renumbered
• Sec. 37.15.330 Repayment of Notes.
  Every note shall be payable from the proceeds of the next succeeding sale of bonds or from the proceeds of the sale of new...
• Sec. 37.15.340 Security for Repayment of General Obligation Bonds.
  Notes issued in anticipation of the sale of general obligation bonds and the interest thereon are secured by the full faith, credit, and resources...
• Sec. 37.15.350 Security for Repayment of Revenue Bonds.
  Notes issued in anticipation of the sale of revenue bonds and the interest thereon are secured in the same manner as are the revenue...
• Sec. 37.15.360 Limitation on Issuance of Notes.
  The total amount of such notes issued and outstanding shall at no time exceed the total amount of bonds authorized to be issued.
• Sec. 37.15.370 Use of Proceeds From Sale of Notes.
  The proceeds from the sale of the notes shall be used only for the purposes for which the proceeds from the sale of bonds...
• Sec. 37.15.380 Sale of Notes.
  Notes issued under this chapter shall be sold by the state bond committee in the manner and at the price or prices as it...
• Sec. 37.15.390 Execution of Notes.
  Notes for money borrowed in anticipation of receipts from the sale of bonds shall be signed by the governor and countersigned by the lieutenant...

Last modified: November 15, 2016