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2019 Alaska Statutes
Title 29. Municipal Government
Chapter 47. Municipal Debt
Article 2. Bond Anticipation Notes.
Sec. 29.47.080. Bond anticipation borrowing.
Universal Citation:
AK Stat § 29.47.080 (2019)
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This media-neutral citation is based
on the American Association of Law Libraries Universal Citation Guide and is not
necessarily the official citation.
A municipality may borrow money in anticipation of the sale of general obligation and revenue bonds if
(1) the general obligation bonds to be sold have been authorized by ordinance and ratified by a majority vote at an election;
(2) the revenue bonds to be sold have been authorized by ordinance.
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