Alaska Stat. § 29.47.080

Current through Chapter 26 of the Legislative Session (excluding Chapter 21)

Section 29.47.080 - Bond anticipation borrowing

A municipality may borrow money in anticipation of the sale of general obligation and revenue bonds if

(1) the general obligation bonds to be sold have been authorized by ordinance and ratified by a majority vote at an election;

(2) the revenue bonds to be sold have been authorized by ordinance.

AS 29.47.080