Statutes > Alaska Statutes > Title 14 - EDUCATION, LIBRARIES, AND MUSEUMS > Chapter 14.40. - THE UNIVERSITY OF ALASKA, THE COMMUNITY COLLEGES, AND THE ALASKA AEROSPACE DEVELOPMENT CORPORATION > Article 07 - ALASKA AEROSPACE DEVELOPMENT CORPORATION > Sec. 14.40.966. - Legality of corporation bonds as investments.

Sec. 14.40.966. - Legality of corporation bonds as investments.

Bonds of the corporation are legal and proper investments and security for public and private banking, insurance, and trust funds.