{"data":{"id":"us-ak/as-42.40.695","jurisdiction":"us-ak","citation":"AS 42.40.695","heading":"Public purpose of bonds.","body":"Bonds of the corporation issued to finance the acquisition, construction, improvement, maintenance, equipping, and operation of real and personal property, including facilities and equipment, described in AS 42.40.570 are issued by a public corporation and an instrumentality of the state for an essential public and governmental purpose.","path":["Title 42. Public Utilities and Carriers and Energy Programs.","Chapter 40. Alaska Railroad Corporation.","Article 8. Bonds."],"source_url":"https://www.akleg.gov/basis/statutes.asp#42.40.695","current_through":"Alaska Statutes 2025 (34th Legislature, 2025-2026)","vintage":"","retrieved_at":"2026-09-02T06:19:21Z","sha256":"021a329c1d3ce69fc2b39dcf077f038bdc826fd87c9a3b934335200f18e7adc8","source_id":"us-ak","stale":false,"prev":"us-ak/as-42.40.690","next":"us-ak/as-42.40.700"},"notice":"GroundRules: Original legal text. Not legal advice."}