Section 26.27.200. Independent financial advisor.

Latest version.

In negotiating the private sale of bonds or bond anticipation notes to an underwriter, the corporation shall retain a financial advisor who is independent from the underwriter. The financial advisor may not bid on the bonds or notes if offered at public sale or negotiate for their purchase if sold at private sale.

Authorities

14.40.908

Notes

References

AS 14.40.908 Independent financial advisor. [Repealed, E.O. No. 115, Sec. 4

History

(E.O. No. 115 Sec. 2 (2011))

                    
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