GroundRules
AS 37.18.080: Purposes; limitation on issuance.
Where this section sits in the code
- Title 37. Public Finance.
- Chapter 18. Alaska Tax Credit Certificate Bond Corporation.
The proceeds of bonds may be used for the purposes described in AS 37.18.030, as appropriate. Bonds may not be issued unless the corporation first finds that the discount rate under AS 43.55.028(m) exceeds the true interest cost to be paid on the bonds by at least 1.5 percent annually.
Collected 2026-09-02T06:18:56Z. Source file · JSON