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2019 Alaska Statutes
Title 44. State Government
Chapter 85. Alaska Municipal Bond Bank Authority
Sec. 44.85.290. Application of funds.
Universal Citation: AK Stat § 44.85.290 (2019)
Money or investments in a fund or account of the bond bank authority established or held for bonds, notes, indebtedness, or liability to be paid, funded, or refunded by issuance of bonds or notes, unless the resolution authorizing the bonds or notes provides otherwise, shall be applied to the payment or retirement of the bonds, notes, indebtedness or liability, and to no other purpose.
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