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Code · Alaska · Title 37 · Chapter 15

Sec. 37.15.050. Redemption.

62 words·~1 min read·/ak/title-37/chapter-15/37-15-050

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Sec. 37.15.050. Redemption.
The state bond committee may determine whether the bonds are subject to redemption before their fixed maturities and may fix the premium for and all other terms of the redemption. A bond is not subject to redemption before its fixed maturity date unless the right to so redeem the bond is expressly mentioned on the face of the bond.
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