Alaska Statutes Title 37, Chapter 37.15, Article 06 - Toll Facilities Revenue Bonds

• Sec. 37.15.610 Bond Authorization.
  For the purpose of providing part or all of the money to be used, with or without any grants or other money that may...
• Sec. 37.15.620 Construction Fund.
  (a) The toll facilities construction fund is established for deposit of proceeds of the sale of the bonds authorized by AS 37.15.610 and any...
• Sec. 37.15.630 Revenue Fund.
  (a) The toll facilities revenue fund is established and shall be set apart from all other money of the state. The toll facilities revenue...
• Sec. 37.15.640 Bond Redemption Fund.
  The toll facilities revenue bond redemption fund is established for deposit in trust of money for paying and securing the payment of principal of...
• Sec. 37.15.650 Bond Terms.
  (a) The toll facilities bonds are sold in the amounts or series and at the time as determined by the committee. Before selling a...
• Sec. 37.15.660 Bond Resolution.
  The committee is authorized and directed to adopt the bond resolution and prepare all other documents and proceedings necessary for the issuance, sale, and...
• Sec. 37.15.670 Enforcement by Holder.
  The holder of any bonds or the trustee for the holders of the bonds or any series of them, may, by appropriate proceedings in...
• Sec. 37.15.680 Amounts Required for Payments.
  The committee shall, before December 31 of each year, commencing with the year in which the bonds are issued, certify to the commissioner of...
• Sec. 37.15.690 Bond Negotiability.
  The bonds and the coupons attached to them are fully negotiable instruments under the laws of the state.
• Sec. 37.15.700 Refunding.
  (a) The bonds or any part of them may be refunded at or before their maturity by the issuance of refunding revenue bonds of...
• Sec. 37.15.710 Bonds As Legal Investments.
  Toll facilities bonds are legal investments for all banks, trust companies, savings banks, savings and loan associations, and other persons carrying on a banking...
• Sec. 37.15.720 State Toll Facilities.
  The state is authorized to acquire, construct, equip, and maintain toll bridges, tunnels, highways, roads, crossings, and causeways found to be necessary by the...
• Sec. 37.15.730 Review of Toll Facility Projects.
  A toll facility may be financed under AS 37.15.610 - 37.15.760 if the following conditions are met for that toll facility:(1) the department submits...
• Sec. 37.15.740 Toll Facility Charges.
  The commissioner of transportation and public facilities shall fix and collect the fees, charges, tolls, and rentals derived by the state from the ownership,...
• Sec. 37.15.750 Statutory Construction.
  AS 37.15.610 - 37.15.760 shall be liberally construed in order to carry out the purposes for which the provisions were enacted, and all existing...
• Sec. 37.15.760 Definitions.
  In AS 37.15.610 - 37.15.760, unless the context requires otherwise,(1) "bond redemption fund" means the toll facilities revenue bond redemption fund created by AS...

Last modified: November 15, 2016