Alaska Const. art. 91, § 18

Alaska Constitution

Article 91, § 18 — Refunding Bonds

Alaska Const. art. 91, § 18 (Refunding Bonds) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

JurisdictionAlaska DocumentConstitution

Article91

Section§ 18

CitationAlaska Const. art. 91, § 18

Bluebook

Alaska Const. art. 91, § 18.

Full Text

(a) The commission may issue bonds for the purpose of refunding bonds previously issued under this amendment if the total amount of bonds outstanding after the refunding is completed does not exceed the total amount authorized by this amendment, and the final maturity of such refunding bonds shall not exceed ten (10) years from the date of implementation of the tax. (b) The refunding bonds shall be general obligations of the State of Arkansas and shall be secured and sold in accordance with the provisions of this amendment.

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(a) The commission may issue bonds for the purpose of refunding bonds previously issued under this amendment if the total amount of bonds outstanding after the refunding is completed does not exceed the total amount authorized by this amendment, and the final maturity of such refunding bonds shall not exceed ten (10) years from the date of implementation of the tax. (b) The refunding bonds shall be general obligations of the State of Arkansas and shall be secured and sold in accordance with the provisions of this amendment.

History

Effective: 2012-11-06