Sec. 37.16.110. Debt service repayment contracts.
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/ak/title-37/chapter-16/37-16-110A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 37.16.110. Debt service repayment contracts.
The corporation shall enter into contracts with governmental employers for the purpose of recouping amounts paid as debt service on bonds issued by the corporation for the benefit of governmental employers. The corporation may pledge the revenue of the contracts as security for the bonds issued by the corporation.