Alaska Const. art. 16, § 1

Alaska Constitution

Article 16, § 1 — Lending credit — Bond issues — Interest-bearing warrants

This text of Alaska Const. art. 16, § 1 (Lending credit — Bond issues — Interest-bearing warrants) is published on Counsel Stack Legal Research, covering Alaska primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

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CitationAlaska Const. art. 16, § 1

Bluebook

Alaska Const. art. 16, § 1.

Full Text

Neither the State nor any city, county, town or other municipality in this State shall ever lend its credit for any purpose whatever; nor shall any county, city or town or municipality ever issue any interest bearing evidences of indebtedness, except such bonds as may be authorized by law to provide for and secure the payment of the indebtedness existing at the time of the adoption of the Constitution of 1874, and the State shall never issue any interest-bearing treasury warrants or scrip.

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Neither the State nor any city, county, town or other municipality in this State shall ever lend its credit for any purpose whatever; nor shall any county, city or town or municipality ever issue any interest bearing evidences of indebtedness, except such bonds as may be authorized by law to provide for and secure the payment of the indebtedness existing at the time of the adoption of the Constitution of 1874, and the State shall never issue any interest-bearing treasury warrants or scrip.

History

Effective: 2016-11-08

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Bluebook (online)

Alaska Const. art. 16, § 1, Counsel Stack Legal Research, https://law.counselstack.com/constitution/ak/16/1.