Alaska § 37.15.170 - State bond committee to certify annual principal, interest, and reserve requirements.
Full text of Alaska Alaska Statutes § 37.15.170 — State bond committee to certify annual principal, interest, and reserve requirements., with citation guidance and answers to common questions.
§ 37.15.170. State bond committee to certify annual principal, interest, and reserve requirements.
(a) Before December 1 of each year after bonds are issued, the state bond committee shall certify to the commissioner of administration the amount needed for the following calendar year to meet principal, interest, and reserve requirements on all bonds or issues or series of bonds then outstanding, including reimbursements authorized under AS 14.11.100 .
(b) The commissioner of administration shall set aside these amounts or make the necessary provisions for the setting aside of these amounts so that there will be sufficient money to pay the principal and interest on the due date and to meet reserve requirements.
(c) Before December 1 of each year, the state bond committee shall report to the governor the current fund balance in the Alaska debt retirement fund. The report must contain an estimate of the amount of state general obligation debt principal that could be issued and paid for from the fund. The state bond committee shall notify the legislature that the report is available.
Source: official Alaska text · Last verified 2026-08-27
Frequently Asked Questions About Alaska § 37.15.170
What does Alaska Statutes § 37.15.170 cover?
Section 37.15.170 ("State bond committee to certify annual principal, interest, and reserve requirements.") is part of the Alaska Statutes, the codified statutory law of Alaska. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Alaska § 37.15.170?
A common citation format is "Alaska Statutes § 37.15.170" (Alaska). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Alaska law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Alaska official source linked on this page or consult a licensed Alaska attorney.
How does Alaska § 37.15.170 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Alaska can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Alaska.