The authority will not issue bonds in an amount greater than $25,000,000 to assist in the acquisition, financing, or operation of a development project without prior legislative approval.

(Eff. 1/11/88, Register 106; am 11/30/90, Register 118; am 9/24/2015, Register 217)

Authority: AS 44.88.080, AS 44.88.085, AS 44.88.090, AS 44.88.172