Alaska Statutes Sec. 37.15.955 - Definitions

In AS 37.15.900 - 37.15.955,

(1) "bond redemption fund" means the pension obligation bond redemption fund established in AS 37.15.905 ;

(2) "bond resolution" means a resolution or resolutions adopted by the committee under AS 37.15.915 authorizing the issuance of bonds;

(3) "bonds" means the pension obligation bonds authorized in AS 37.15.900 - 37.15.955;

(4) "committee" means the state bond committee created in AS 37.15.110 or any other committee, body, department, or officer of the state that succeeds to the rights, powers, duties, and obligations of the state bond committee by law;

(5) "costs of issuance and administration" means all costs associated with issuance and administration of pension obligation bonds and refunding bonds, including costs of bond printing, official statements, financial advisors, travel costs, rating agencies, bond insurance, letters and lines of credit for credit enhancement, underwriters, legal services, paying agents, bond registrars, bond and escrow trustees, arbitrage rebate, and all other costs, including administrative costs, both direct and indirect.

Section: Previous  37.15.900  37.15.903  37.15.905  37.15.910  37.15.915  37.15.920  37.15.925  37.15.930  37.15.935  37.15.940  37.15.945  37.15.950  37.15.955  

Last modified: November 15, 2016