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Current as of January 01, 2025 | Updated by Findlaw Staff
The limitations provided for in AS 29.45.080--29.45.090 do not apply to taxes levied or pledged to pay or secure the payment of the principal and interest on bonds. Taxes to pay or secure the payment of principal and interest on bonds may be levied without limitation as to rate or amount, regardless of whether the bonds are in default or in danger of default.
Cite this article: FindLaw.com - Alaska Statutes Title 29. Municipal Government § 29.45.100. No limitations on taxes to pay bonds - last updated January 01, 2025 | https://codes.findlaw.com/ak/title-29-municipal-government/ak-st-sect-29-45-100/
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