Section 37.15.605. Definitions.

In AS 37.15.560 - 37.15.605,
        (1) "bond redemption funds " means the Alaska clean water fund revenue bond redemption fund and the Alaska drinking water fund revenue bond redemption fund established in AS 37.15.565, as applicable;
        (2) "bond resolution" means the resolution or resolutions adopted by the committee under AS 37.15.573 authorizing the issuance of bonds;
        (3) "bonds" means the Alaska clean water fund revenue bonds or the Alaska drinking water fund revenue bonds authorized in AS 37.15.560 - 37.15.605, as applicable;
        (4) "commissioner of environmental conservation" means the principal executive officer the Department of Environmental Conservation as provided in AS 44.46.010, or a successor;
        (5) "commissioner of revenue" means the principal executive officer of the Department of Revenue as provided in AS 44.25.010, or a successor;
        (6) "committee" means the state bond committee created in AS 37.15.110 or any other committee, body, department, or officer of the state that succeeds to the rights, powers, duties, and obligations of the state bond committee by lawful act of the legislature;
        (7) "costs of issuance and administration" means all costs associated with issuance and administration of Alaska clean water fund revenue bonds or the Alaska drinking water fund revenue bonds, as applicable, and refunding bonds, including costs of bond printing, official statements, financial advisors, travel costs, rating agencies, bond insurance, letters and lines of credit for credit enhancement, underwriters, legal services, paying agents, bonds registrars, bond and escrow trustees, arbitrage rebate, and all other costs, including administrative costs, both direct and indirect.

Authorities

46.03.032;46.03.036

Notes

References

AS 46.03.032 Alaska clean water fund.
AS 46.03.036 Alaska drinking water fund.

History

(Sec. 2 ch 141 SLA 1996; am Sec. 15 - 17 ch 61 SLA 2000)