Statutes, codes, and regulations
Alaska Administrative Code
Title 20 - Miscellaneous Boards and CommissionsChapter 14 - Alaska Student Loan Corporation
Article 1 - Bond Issues, Selection of Underwriters, Interest Rates, and Late Fees
Section 20 AAC 14.040 - Bond purchase agreement

20 Alaska Admin. Code § 14.040

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Current through September 25, 2024
Section 20 AAC 14.040 - Bond purchase agreement

The bond purchase agreement entered into between the corporation and the lead underwriter selected under this section must contain

(1) a statement that the law of this state pertains to the agreement;
(2) a statement that the corporation will not indemnify the underwriters; and
(3) a statement that the compensation to be paid by the corporation shall be no greater than the compensation stated in the lead underwriter's proposal to the request for financing proposal for the particular bond issuance.

20 AAC 14.040

Eff. 7/31/2016, Register 219, October 2016

Before July 31, 2016, the substance of 20 AAC 14.040 was contained in former 20 AAC 15.845. The history note for 20 AAC 14.040 does not reflect the history of the section under its former number.

Authority:AS 14.42.150

AS 14.42.200

AS 14.42.265