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Alaska Statutes.
Title 18. Health, Safety, and Housing
Chapter 55. Housing, Public Buildings, Urban Renewal, and Regional Housing Authorities
Section 187. Independent Financial Advisor.
previous: Section 185. Prohibited Bidding On Bonds and Notes. [Repealed, Sec. 4 Ch 86 SLA 1981].
next: Section 190. Maximum Interest Rate. [Repealed, Sec. 1 Ch 52 SLA 1977].

AS 18.55.187. Independent Financial Advisor.

In negotiating the private sale of bonds or bond anticipation notes to an underwriter when that sale is authorized by AS 18.55.100 - 18.55.290, the corporation shall retain a financial advisor who is independent from the underwriter. The financial advisor may not bid on the bonds or notes if offered at public sale or negotiate for their purchase if sold at private sale.

Note to HTML Version:

This version of the Alaska Statutes is current through December, 2004. The Alaska Statutes were automatically converted to HTML from a plain text format. Every effort has been made to ensure their accuracy, but this can not be guaranteed. If it is critical that the precise terms of the Alaska Statutes be known, it is recommended that more formal sources be consulted. For statutes adopted after the effective date of these statutes, see, Alaska State Legislature If any errors are found, please e-mail Touch N' Go systems at E-mail. We hope you find this information useful.

Last modified 9/3/2005