The proceeds from the sale of the notes shall be used only for the purposes for which the proceeds from the sale of bonds may be used or to meet payment of outstanding bond anticipation notes.
AS 37.15.370
Use of proceeds from sale of notes
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.