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In 20 AAC 15.810 - 20 AAC 15.890,
(1) "board" means the board of the corporation;
(2) "commission" means the Alaska Commission on Postsecondary Education;
(3) "corporation" means the Alaska Student Loan Corporation;
(4) "corporation's bond counsel" means a counsel under contract with the corporation to provide legal advice on bond matters;
(5) "corporation's financial advisor" means a financial advisor on contract with the corporation to provide expertise on financial matters;
(6) "competitive sale" means a bond issuance in which the costs of borrowing is determined through bids received for the corporation's bonds;
(7) "executive officer" means the executive director of the commission;
(8) "installment" means any single scheduled payment on a borrower's loan or consolidated loans;
(9) "negotiated sale" means a bond issuance in which the executive officer of the corporation negotiates both the bond yield and the underwriter's compensation;
(10) "qualified underwriters list" means a list of underwriters which have been determined to be qualified to participate in the underwriter selection process described in 20 AAC 15.840;
(11) "QUL" means qualified underwriter list;
(12) "underwriter's group" means one or more underwriters selected from the QUL through the underwriters selection process to provide underwriting services for a particular negotiated sale;
(13) "underwriters selection process" means the process of selection of an underwriting group from the QUL to participate in a bond issuance of the corporation done as a negotiated sale.
History: Eff. 11/4/94, Register 132; am 11/5/2000, Register 156
Authority: AS 14.42.150
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Last modified 7/05/2006