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2018 Alaska Statutes
Title 43. Revenue and Taxation
Chapter 08. Borrowing in Anticipation of Revenues
Sec. 43.08.010. Borrowing in anticipation of revenues permitted.
Universal Citation: AK Stat § 43.08.010 (2018)
The commissioner is hereby authorized to borrow money on behalf of the state, when in the judgment of the commissioner it becomes necessary in order to meet appropriations for any fiscal year in anticipation of the collection of the revenues for that year. Money borrowed shall be used only for the purposes and within the amounts of appropriations authorized.
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