Alaska Statutes (Last Updated: January 11, 2017) |
Title 29. MUNICIPAL GOVERNMENT. |
Chapter 29.47. MUNICIPAL DEBT. |
Article 29.47.01. REVENUE ANTICIPATION NOTES. |
Section 29.47.040. Priority of repayment.
Latest version.
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The payment of the principal and interest on revenue anticipation notes is payable from revenues, and their payment additionally shall be secured by a pledge of the full faith and credit of the municipality issuing them.
Notes
History
(Sec. 14 ch 74 SLA 1985)