{"data":{"id":"us-ak/as-37.15.903","jurisdiction":"us-ak","citation":"AS 37.15.903","heading":"Pension obligation bond limit.","body":"The total unpaid principal amount of bonds, including refunding bonds, but excluding refunded bonds, issued by all state entities added together, for the purposes of financing prepayment of all or a portion of a governmental employer's share of unfunded accrued liability of retirement systems, may not exceed $1,500,000,000 or a funding ratio of actuarial assets to accrued liability greater than 85 percent, whichever is less.","path":["Title 37. Public Finance.","Chapter 15. Bonding.","Article 8. Pension Obligation Bonds."],"source_url":"https://www.akleg.gov/basis/statutes.asp#37.15.903","current_through":"Alaska Statutes 2025 (34th Legislature, 2025-2026)","vintage":"","retrieved_at":"2026-09-02T06:18:56Z","sha256":"4425508d26612ad3431e7973f39088a5e4af2daf39629da754fcf4655d181e3c","source_id":"us-ak","stale":false,"prev":"us-ak/as-37.15.900","next":"us-ak/as-37.15.905"},"notice":"GroundRules: Original legal text. Not legal advice."}