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Alaska Statutes.

Title 29. Municipal Government

Chapter 47. Municipal Debt

Section 80. Bond Anticipation Borrowing.

AS 29.47.080. Bond Anticipation Borrowing.

A municipality may borrow money in anticipation of the sale of general obligation and revenue bonds if

(1) the general obligation bonds to be sold have been authorized by ordinance and ratified by a majority vote at an election;

(2) the revenue bonds to be sold have been authorized by ordinance.

Note to HTML Version:

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Last modified 9/3/2005