The authority may not provide a guarantee (1) of more than $1,000,000;
(2) to an individual borrower that cumulatively, with the outstanding principal balance of other authority guaranteed indebtedness of that borrower, exceeds $1,000,000.
AS 44.88.545
Limitations of guarantees with respect to borrowers
Official source: Alaska State Legislature. Reproduced from public-domain Alaska statutes; confirm against the official source for the current text. Not legal advice.