Alaska § 18.55.280 - Public loans or donations to or cooperation with corporation.

Full text of Alaska Alaska Statutes § 18.55.280 — Public loans or donations to or cooperation with corporation., with citation guidance and answers to common questions.

§ 18.55.280. Public loans or donations to or cooperation with corporation.

 (a) In conjunction with the exercise by the corporation of a power authorized by AS 18.55.100 — 18.55.290, a public body, officer, or agency of the state may        (1) lend or donate money or property to the corporation;

 (2) cooperate with it in the planning, construction, or operation of a public housing or public building project;

 (3) transfer to it an interest in property, grant an easement, and undertake otherwise authorized construction of facilities adjacent to a project;

 (4) furnish or improve otherwise authorized roads, streets, alleys, and sidewalks;

 (5) make exceptions from building codes, exercise its planning and zoning powers, and annex the site of a project;

 (6) contract to exercise its powers relating to repair, elimination, or closing of unsafe, insanitary, or unfit dwellings;

 (7) purchase the bonds of the corporation for a housing or public building project authorized by AS 18.55.100 — 18.55.290;

 (8) incur the entire expense of improvements made under AS 18.55.010 — 18.55.290;

 (9) agree with the corporation that a certain sum or that no sum shall be paid by the corporation to the public body, officer, or agency instead of taxes;

 (10) enter into agreements respecting exercise of a power granted in AS 18.55.100 — 18.55.290 if that agreement is approved and executed by the public body or municipality in or adjacent to the project before the project is constructed; and

 (11) in general do all things necessary or convenient to cooperate in the planning, construction, or operation of a project.

 (b) A sale, conveyance, lease, or agreement under this section may be made without appraisal, public notice or advertisement or bidding. A public body may exercise the powers granted in this section by resolution or ordinance by a majority of the members of the governing body present at the meeting at which it is introduced, and the resolution or ordinance takes effect immediately without publishing or posting.

Source: official Alaska text · Last verified 2026-08-27

Frequently Asked Questions About Alaska § 18.55.280

What does Alaska Statutes § 18.55.280 cover?

Section 18.55.280 ("Public loans or donations to or cooperation with corporation.") 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 § 18.55.280?

A common citation format is "Alaska Statutes § 18.55.280" (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 § 18.55.280 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.