Sec. 31.25.390. Definitions.
In this chapter, unless the context clearly indicates a different meaning, (1) “Alaska liquefied natural gas project” means a natural gas project as described in AS 31.25.005(5) that includes collectively, the Prudhoe Bay unit gas transmission line, the Point Thomson unit gas transmission line, a gas pipeline, the gas treatment plant, a liquefied natural gas […]
Sec. 31.30.010. Damages for wrongful extraction of oil or gas.
(a) If oil or gas has been or is extracted from any existing or subsequently drilled well by any person without right but who asserts a claim of right in good faith or who is acting under an honest belief as to the law or the facts, the measure of damages, if there is any […]
Sec. 31.25.190. Capital reserve funds.
(a) The corporation may not establish a capital reserve fund as described in this section except as expressly authorized by law. The enactment of this section does not express that authorization. Upon enactment of a law expressly authorizing the establishment of a capital reserve fund described in this section and for the purpose of securing […]
Sec. 31.25.200. Remedies.
A holder of obligations or coupons attached to them issued under this chapter, and a trustee under a trust agreement or resolution authorizing the issuance of the obligations, except as restricted by a trust agreement or resolution, either at law or in equity, (1) may enforce all rights granted under this chapter, under the trust […]
Sec. 31.25.210. Negotiable instruments.
All obligations and interest coupons attached to them are negotiable instruments under the laws of this state, subject only to applicable provisions for registration.
Sec. 31.25.220. Obligations eligible for investment.
Obligations issued under this chapter are securities in which all public officers and public bodies of the state and its political subdivisions and all insurance companies, trust companies, banking associations, investment companies, executors, administrators, trustees, and other fiduciaries may properly and legally invest funds, including capital in their control or belonging to them. Those obligations […]
Sec. 31.25.230. Refunding obligations.
(a) The corporation may provide for the issuance of refunding obligations for the purpose of refunding obligations then outstanding that have been issued under this chapter, including the payment of the redemption premium on them and interest accrued or to accrue to the date of redemption of the obligations. The issuance of the obligations, the […]
Sec. 31.25.065. Personnel exempt from State Personnel Act.
The personnel of the corporation are exempt from AS 39.25.
Sec. 31.25.240. Credit of state not pledged.
(a) Obligations issued under this chapter do not constitute a debt, liability, or obligation of the state or of a political subdivision of the state or a pledge of the faith and credit of the state or of a political subdivision of the state but are payable solely from the revenue or assets of the […]
Sec. 31.25.080. Powers and duties.
(a) In addition to other powers granted in this chapter, the corporation may (1) determine the form of ownership and the operating structure of an in-state natural gas pipeline developed by the corporation and may enter into agreements with other persons for joint ownership, joint operation, or both of an in-state natural gas pipeline or […]