3 AAC 99.540 - Financing

Before issuing bonds for a development project, the authority will enter into an agreement with any partners, joint venturers, or users of the facility to be constructed, providing for adequate guarantee of revenues to repay any indebtedness incurred by the authority for the project.

Notes

3 AAC 99.540
Eff. 1/11/88, Register 106; am 11/30/90, Register 118; am 9/25/92, Register 124; am 11/9/2011, Register 201

Authority:AS 44.88.080

AS 44.88.085

AS 44.88.090

AS 44.88.172

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