Notes issued in anticipation of the sale of general obligation bonds and the interest thereon are secured by the full faith, credit, and resources of the state.
AS 37.15.340
Security for repayment of general obligation bonds
Known as the State Bonding Act
The act spans §§ 37–37 (111 sections).
Official source: Alaska State Legislature. Reproduced from public-domain Alaska statutes; confirm against the official source for the current text. Not legal advice.