Alaska Statutes Sec. 37.15.903 - Pension Obligation Bond Limit

The total unpaid principal amount of bonds, including refunding bonds, but excluding refunded bonds, issued by all state entities added together, for the purposes of financing prepayment of all or a portion of a governmental employer's share of unfunded accrued liability of retirement systems, may not exceed $5,000,000,000.

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Last modified: November 15, 2016