Alaska Stat. § 37.16.080
Current through Chapter 61 of the 2024 Legislative Session and 2024 Executive Orders 125, 133 through 135
The proceeds of bonds may be used for the purposes described in AS 37.16.030(a), as appropriate. Bonds may not be issued unless the corporation first finds that the actuarially assumed rate of return on the funds managed by the Alaska Retirement Management Board is projected to exceed the true interest cost to be paid on the bonds by at least 1.5 percent annually.
AS 37.16.080