Sec. 24.08.037. General obligation bond bills.
68 words·~1 min read·
/ak/title-24/chapter-8/24-08-037A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 24.08.037. General obligation bond bills.
A bill authorizing the issuance of general obligation bonds creating a state debt for capital improvements shall contain a statement of the scope of each project included in the proposed bond issue. The statement shall include a brief description of each capital improvement project, its location, and, in dollars, that portion of the total bond issue to be allocated to the project.