{"data":{"id":"us-ak/as-29.47.450","jurisdiction":"us-ak","citation":"AS 29.47.450","heading":"Service area debt.","body":"The indebtedness of a service area acquired under AS 29.47.440 remains the indebtedness of the area that incurred the debt, notwithstanding a subsequent court determination that the service area was not validly formed under law or by virtue of a defect in the proceedings creating the service area. All property in the service area remains subject to taxation to pay the bonded indebtedness.","path":["Title 29. Municipal Government.","Chapter 47. Municipal Debt.","Article 6. Miscellaneous Provisions."],"source_url":"https://www.akleg.gov/basis/statutes.asp#29.47.450","current_through":"Alaska Statutes 2025 (34th Legislature, 2025-2026)","vintage":"","retrieved_at":"2026-09-02T06:18:16Z","sha256":"0fe5f97cb4f4c85e68067248baedc2a58fb2d0018a8d317d6b051ddc85e0ae1e","source_id":"us-ak","stale":false,"prev":"us-ak/as-29.47.440","next":"us-ak/as-29.47.460"},"notice":"GroundRules: Original legal text. Not legal advice."}