Section 20.14.030. Method of sale.

Latest version.

Before selecting an underwriter or selling group for a bond issuance, the executive officer shall consult with the corporation's financial advisor and shall review the transaction to make a recommendation to the board on the method of sale for the bond issue; either by negotiated sale or competitive sale. The board will make the final agency decision on the method of sale, after considering the recommendation of the executive officer. If the board determines that the bond issue is to be made by negotiated sale, the executive officer shall select one or more investment banking firms from the QUL in accordance with the underwriting selection process described in 20 AAC 14.035.

Authorities

14.42.150;14.42.200;14.42.265

Notes

Authority
 AS 14.42.150  
AS 14.42.200  
AS 14.42.265  
Editor's note: Before July 31, 2016, the substance of 20 AAC 14.030 was contained in former 20 AAC 15.835. The history note for 20 AAC 14.030 does not reflect the history of the section under its former number.  
History Eff. 7/31/2016, Register 219

References

20.14.030;20.15.835

                    
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