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Alaska Statutes Title 44. State Government § 44.88.710. Effect of guarantee

Current as of January 01, 2025 | Updated by Findlaw Staff

(a) A guarantee under AS 44.88.700--44.88.799 does not create a debt or liability of the state.

(b) A guarantee under AS 44.88.700(a)(1) may not be terminated, cancelled, or revoked except under its terms. A guarantee held by a participating financial institution is presumed to be valid.

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Cite this article: FindLaw.com - Alaska Statutes Title 44. State Government § 44.88.710. Effect of guarantee - last updated January 01, 2025 | https://codes.findlaw.com/ak/title-44-state-government/ak-st-sect-44-88-710/

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