Sec. 37.15.340. Security for repayment of general obligation bonds.
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/ak/title-37/chapter-15/37-15-340·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 37.15.340. Security for repayment of general obligation bonds.
Notes issued in anticipation of the sale of general obligation bonds and the interest thereon are secured by the full faith, credit, and resources of the state.