The authority will not provide financing for a qualified energy development in excess of the capital costs limitation of AS 44.88.690(a)(1), or the dollar amount limitation of AS 44.88.690(a)(2), unless the legislature has approved exceeding the limitation. The authority will not finance or acquire a qualified energy development that is subject to the restrictions of AS 44.88.690(a)(3), unless the legislature has approved the authority doing so. The authority will not provide financing for a qualified energy development for a term longer than is authorized under AS 44.88.690(b).

(Eff. 4/25/2013, Register 207; am 9/24/2015, Register 217)