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Code · Alaska · Title 37 · Chapter 15

Sec. 37.15.480. Amounts required for payments.

108 words·~1 min read·/ak/title-37/chapter-15/37-15-480

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Sec. 37.15.480. Amounts required for payments.
The committee shall, before December 31 of each year, commencing with the year in which the bonds are issued, certify to the commissioners of revenue and transportation and public facilities the amounts required in the next ensuing calendar year by the bond resolution or resolutions to be paid out of the revenue fund into the bond redemption fund and to be paid into and maintained in any reserve fund or account or any other fund or account created by the bond resolution or resolutions, and shall also certify to the commissioners the last date or dates upon which payments may be made.
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