Sec. 37.16.060. Bond resolution.
78 words·~1 min read·
/ak/title-37/chapter-16/37-16-060A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 37.16.060. Bond resolution.
The corporation shall authorize the issuance of bonds by adopting a resolution and shall prepare all other documents and proceedings necessary for the issuance, sale, and delivery of the bonds or any part or series of them. The bond resolution must fix the principal amount, denominations, date, maturities, manner of sale, place or places of payment, rights of redemption, if any, terms, form, conditions, and covenants of the bonds or each series of them.