Alaska § 44.85.090 - Limitations.
Full text of Alaska Alaska Statutes § 44.85.090 — Limitations., with citation guidance and answers to common questions.
§ 44.85.090. Limitations.
Under this chapter, the bond bank authority may not (1) make loans of money to a person, firm, or corporation except as provided in this chapter;
(2) emit bills of credit, accept deposits of money for time or demand deposit, administer trusts, or engage in any form or manner in, or in the conduct of, a private or commercial banking business, or act as a savings bank or savings and loan association;
(3) be or constitute a bank or trust company within the jurisdiction or under the control of a regulatory or supervisory board or department of the state, the Comptroller of the Currency of the United States, the United States Department of the Treasury, or the Board of Governors for the Federal Reserve System;
(4) be or constitute a bank, banker, or dealer in securities within the meaning of or subject to the provisions of securities, securities exchange, or securities dealers law of the United States or of this or another state; or
(5) issue bonds or notes to a regional health organization unless (A) the remaining costs of a project are secured or delivered to the bond bank authority before the bond bank authority provides financing; and
(B) the bonds or notes do not exceed $250,000,000 for a single project.
Frequently Asked Questions About Alaska § 44.85.090
What does Alaska Statutes § 44.85.090 cover?
Section 44.85.090 ("Limitations.") 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 § 44.85.090?
A common citation format is "Alaska Statutes § 44.85.090" (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 § 44.85.090 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.