Alaska Statutes Title 44, Chapter 44.88, Article 03 - Financial Provisions

• Sec. 44.88.088 Payment of Dividend to State.
  (a) The authority shall adopt a policy for payment of a dividend from the revolving fund, the Alaska Industrial Development and Export Authority sustainable...
• Sec. 44.88.090 Bonds of the Authority.
  (a) The authority may borrow money and may issue bonds, including but not limited to bonds on which the principal and interest are payable(1)...
• Sec. 44.88.095 Bonding Limitations.
  (a) The authority may not issue bonds in a 12-month period in an amount that exceeds $400,000,000, excluding refunding bonds.(b) [Repealed, Sec. 24 ch...
• Sec. 44.88.100 Trust Indentures and Trust Agreements.
  In the discretion of the authority, an issue of bonds may be secured by a trust indenture or trust agreement between the authority and...
• Sec. 44.88.105 Capital Reserve Funds and Capital Reserve Fund Requirement.
  (a) For the purpose of securing one or more issues of its bonds, the authority may establish one or more special funds, called "capital...
• Sec. 44.88.110 Validity of Pledge.
  It is the intention of the legislature that a pledge made in respect of bonds shall be valid and binding from the time the...
• Sec. 44.88.120 Nonliability on Bonds.
  (a) Neither the members of the authority nor a person executing the bonds are liable personally on the bonds or are subject to personal...
• Sec. 44.88.130 Pledge of the State.
  The state pledges to and agrees with the holders of bonds issued under this chapter and with the federal agency that lends or contributes...
• Sec. 44.88.140 Exemption From Taxation.
  (a) Except as provided in AS 29.45.030 (a)(1), the real and personal property of the authority and its assets, income, and receipts are declared...
• Sec. 44.88.150 Bonds Legal Investments for Fiduciaries.
  The bonds of the authority are securities in which all public officers and bodies of the state and all municipalities and municipal subdivisions, all...
• Sec. 44.88.155 Enterprise Development Account.
  (a) The enterprise development account is established in the revolving fund. The enterprise development account is a trust fund for the uses and purposes...
• Sec. 44.88.156 Multi-Family Housing Loan Account. [Repealed, Sec. 44 Ch 42 Sla 1987].
  Repealed or Renumbered
• Sec. 44.88.157 , 44.88.158. Loan Insurance and Loan Insurance Account; Small Business Enterprise Loan Account. [Repealed, Sec. 23 Ch 123 Sla 1990].
  Repealed or Renumbered
• Sec. 44.88.159 Interest Rates.
  (a) The interest rate on a loan purchased from the proceeds of tax-exempt bonds secured by the Alaska Industrial Development and Export Authority sustainable...

Last modified: November 15, 2016