Alaska § 26.27.150 - Issuance of bonds, notes, and refunding bonds.
Full text of Alaska Alaska Statutes § 26.27.150 — Issuance of bonds, notes, and refunding bonds., with citation guidance and answers to common questions.
§ 26.27.150. Issuance of bonds, notes, and refunding bonds.
(a) Except as provided in (b) of this section, the corporation may issue bonds in its discretion for any of its corporate purposes and may issue refunding bonds for the purpose of paying or retiring bonds previously issued by it.
(b) The corporation may not, without prior legislative approval, issue bonds, other than refunding bonds, (1) in a total amount in excess of $1,000,000 each calendar year; or
(2) if the annual debt service on all outstanding bonds issued and proposed to be issued exceeds $1,000,000 in a fiscal year.
Source: official Alaska text · Last verified 2026-08-27
Frequently Asked Questions About Alaska § 26.27.150
What does Alaska Statutes § 26.27.150 cover?
Section 26.27.150 ("Issuance of bonds, notes, and refunding 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 § 26.27.150?
A common citation format is "Alaska Statutes § 26.27.150" (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 § 26.27.150 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.