Alaska § 18.55.150 - Security for bonds.
Full text of Alaska Alaska Statutes § 18.55.150 — Security for bonds., with citation guidance and answers to common questions.
§ 18.55.150. Security for bonds.
(a) In conjunction with projects authorized by this chapter, the corporation may issue bonds, including bonds on which the principal and interest are payable (1) exclusively from the income and revenue of the housing project financed with the proceeds of the bonds;
(2) exclusively from the income and revenue of designated housing projects whether or not they are financed in whole or in part with the proceeds of the bonds;
(3) from its revenue generally; or
(4) exclusively from rents collected on public buildings.
(b) Bonds authorized by (a) of this section may be additionally secured (1) by a pledge of a grant or contribution from the federal government or from another source;
(2) by a pledge of income or revenue of the corporation; or
(3) by a mortgage of a housing project or other property of the corporation.
Frequently Asked Questions About Alaska § 18.55.150
What does Alaska Statutes § 18.55.150 cover?
Section 18.55.150 ("Security for bonds.") 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 § 18.55.150?
A common citation format is "Alaska Statutes § 18.55.150" (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 § 18.55.150 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.