{"data":{"id":"us-ak/as-29.47.190","jurisdiction":"us-ak","citation":"AS 29.47.190","heading":"Vote and notice of existing indebtedness required.","body":"(a) A municipality may incur general obligation bond debt only after a bond authorization ordinance is approved by a majority vote at an election. Any municipal voter may vote in the bond election, except as otherwise provided by law.\n(b) Before a general obligation bond issue election, the governing body shall have published a notice of the total existing bond indebtedness at least once a week for three consecutive weeks. The first notice shall be published at least 20 days before the date of the election. A notice must include\n(1) the current total general obligation bonded indebtedness, including authorized but unsold bonds of the municipality;\n(2) the cost of the debt service on the current indebtedness;\n(3) the total assessed value of property in the municipality.","path":["Title 29. Municipal Government.","Chapter 47. Municipal Debt.","Article 3. General Obligation Bonds."],"source_url":"https://www.akleg.gov/basis/statutes.asp#29.47.190","current_through":"Alaska Statutes 2025 (34th Legislature, 2025-2026)","vintage":"","retrieved_at":"2026-09-02T06:18:16Z","sha256":"9d1b6d26147149a2359331c1be81b49abd38c66eb0b9523d0891bc6109f65f51","source_id":"us-ak","stale":false,"prev":"us-ak/as-29.47.180","next":"us-ak/as-29.47.200"},"notice":"GroundRules: Original legal text. Not legal advice."}