Alaska Stat. § 37.18.080
Current through Chapter 3 of the 2024 Legislative Session
The proceeds of bonds may be used for the purposes described in AS 37.18.030, as appropriate. Bonds may not be issued unless the corporation first finds that the discount rate under AS 43.55.028 (m) exceeds the true interest cost to be paid on the bonds by at least 1.5 percent annually.
AS 37.18.080