Section 20.14.045. Competitive sale transaction.

Latest version.

If a determination is made by the board that the bond issue should be done using a competitive sale method, the executive officer shall consult the corporation's bond counsel and financial advisor, structure the bond issue, and prepare the financing documents for consideration by the board. The corporation will authorize the bond issue in advance of the distribution of the official notice of sale to initiate the bidding process on the bonds. Bonds of the corporation sold in accordance with a competitive sale method will not be restricted to those firms included on the QUL.

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 14.045 was contained in former 20 AAC 15.850. The history note for 20 AAC 14.045 does not reflect the history of the section under its former number.  
History Eff. 7/31/2016, Register 219

References

20.14.045;20.15.850

                    
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