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Statutes > Alaska Laws > Title 41 - PUBLIC RESOURCES > Chapter 41.41. - ALASKA NATURAL GAS DEVELOPMENT AUTHORITY > Article 03 - REVENUE BONDS AND NOTES > Sec. 41.41.320. - Limitations of issuance of bonds.

STATE STATUTES & CODES

ALASKA STATUTES AND CODES

Sec. 41.41.320. - Limitations of issuance of bonds.

(a) The authority may not issue bonds in an amount that exceeds the amount of bonds authorized to be issued by the legislature.

(b) This section does not apply to the issuance by the authority of refunding bonds or to the issuance by the authority of bonds the proceeds of which are intended to be used to refinance the loans held by the authority.

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