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.
Notes
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
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