Alaska Stat. § 29.47.320

Current through Chapter 26 of the Legislative Session (excluding Chapter 21)
Section 29.47.320 - No election required

An election is not required to authorize the issuance and sale of refunding bonds. Their issuance may be authorized and all proceedings with reference to them prescribed by ordinance. However, when it is desirable to use general obligation bonds to refund a revenue bond issue, the governing body shall call an election on the question.

AS 29.47.320