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Current as of January 01, 2025 | Updated by Findlaw Staff
An election is not required to authorize the issuance and sale of refunding bonds. Their issuance may be authorized and all proceedings with reference to them prescribed by ordinance. However, when it is desirable to use general obligation bonds to refund a revenue bond issue, the governing body shall call an election on the question.
Cite this article: FindLaw.com - Alaska Statutes Title 29. Municipal Government § 29.47.320. No election required - last updated January 01, 2025 | https://codes.findlaw.com/ak/title-29-municipal-government/ak-st-sect-29-47-320/
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