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