Alaska Statutes Title 37, Chapter 37.15, Article 02 - Toll Bridge Revenue Bonds

• Sec. 37.15.225 Bond Authorization.
  (a) For purposes of financing a portion of the costs of the Knik Arm bridge and appurtenant facilities or other toll bridges as the...
• Sec. 37.15.230 Knik Arm Construction Fund.
  (a) The Knik Arm construction fund is established in the general fund to receive the proceeds of the sale of bonds issued under AS...
• Sec. 37.15.235 Toll Bridge Revenue Bond Limit.
  The total unpaid principal amount of revenue bonds issued under AS 37.15.225 - 37.15.290, including refunding bonds but excluding refunded bonds, may not exceed
• Sec. 37.15.240 Toll Bridge Revenue Fund.
  (a) The toll bridge revenue fund is established as a separate fund of the state. The revenue fund consists of all revenue, fees, charges,...
• Sec. 37.15.245 Toll Bridge Revenue Bond Redemption Fund.
  (a) The toll bridge revenue bond redemption fund is established as a special fund of the state. The bond redemption fund is a trust...
• Sec. 37.15.250 Bond Terms.
  (a) The bonds may be issued and sold at public or negotiated sale in the manner, in the amounts or series, and at the...
• Sec. 37.15.255 Bond Resolution.
  The committee shall authorize the issuance of bonds by adopting a resolution and shall prepare all other documents and proceedings necessary for the issuance,...
• Sec. 37.15.260 Bond Reserve Fund.
  (a) The resolution authorizing the issuance of the bonds under AS 37.15.225 - 37.15.290 may provide for the establishment and maintenance of a special...
• Sec. 37.15.265 Enforcement by Bond Owner.
  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. 37.15.270 Amounts Required for Payments.
  The committee shall, before June 30 of each year or from time to time within the year, as appropriate, commencing with the year in...
• Sec. 37.15.275 Refunding.
  (a) The committee may refund the bonds or any part of the bonds at or before their maturity or redemption dates by issuing refunding...
• Sec. 37.15.280 Bonds As Legal Investments.
  The bonds are legal investments for all banks, trust companies, savings banks, savings and loan associations, and other persons carrying on a banking business,...
• Sec. 37.15.285 Statutory Construction.
  AS 37.15.225 - 37.15.290 shall be liberally construed in order to carry out the purposes for which they were enacted.
• Sec. 37.15.290 Definitions.
  In AS 37.15.225 - 37.15.290,(1) "authority" means(A) the Knik Arm Bridge and Toll Authority established in AS 19.75.021 with respect to the Knik Arm...

Last modified: November 15, 2016