Sec. 42.40.915. Transportation of members of the Alaska organized militia.
To the extent that space is available, the corporation shall provide free transportation on the Alaska Railroad for a member of the Alaska National Guard, the Alaska Naval Militia, or the Alaska State Defense Force who is en route to or from drill, training, or other official militia activities.
Sec. 42.40.920. Application of existing laws.
(a) [Repealed, § 38 ch 168 SLA 1990.] (b) Unless specifically provided otherwise in this chapter, the following laws do not apply to the operations of the corporation: (1) AS 19; (2) AS 30.15; (3) AS 35; (4) AS 36.30, except as specifically provided in that chapter; (5) AS 37.05, except as specifically provided in […]
Sec. 42.40.670. Validity of pledge.
(a) The pledge of assets or revenue of the corporation to the payment of the principal or interest on bonds of the corporation is valid and binding from the time the pledge is made and the assets or revenue are immediately subject to the lien of the pledge without physical delivery or further act. The […]
Sec. 42.40.675. Pledge of the state.
The state pledges to and agrees with the holders of bonds issued under this chapter and with the federal agency that loans or contributes funds in respect to a project, that the state will not limit or alter the rights and powers vested in the corporation by this chapter to fulfill the terms of a […]
Sec. 42.40.680. Remedies.
A holder of bonds issued under this chapter or of coupons attached to them, and a trustee under a trust agreement or resolution authorizing the issuance of the bonds, except as restricted by a trust agreement or resolution, either at law or in equity, may (1) enforce all rights granted under this chapter, the trust […]
Sec. 42.40.690. Credit of state not pledged.
(a) The state and its political subdivisions are not liable for the debts of the corporation. Bonds issued under this chapter are payable solely from the revenue or assets of the corporation and do not constitute a (1) debt, liability, or obligation of the state or of a political subdivision of the state; or (2) […]
Sec. 42.40.695. Public purpose of bonds.
Bonds of the corporation issued to finance the acquisition, construction, improvement, maintenance, equipping, and operation of real and personal property, including facilities and equipment, described in AS 42.40.570 are issued by a public corporation and an instrumentality of the state for an essential public and governmental purpose.
Sec. 42.40.700. Limitation on personal liability.
A board member or employee of the corporation is not subject to personal liability or accountability because of the execution or issuance of bonds.
Sec. 42.40.705. Political activities.
(a) Money, assets, or property of the corporation may not be used for political activities. However, board members and employees may communicate with and appear before committees of Congress, the state legislature, and municipal governing bodies in connection with matters directly affecting the corporation. (b) A board member or employee who violates the provisions of […]
Sec. 42.40.710. Corporation employees.
(a) Employees of the Alaska Railroad are employees of the corporation and not of the state. However, employees of the corporation shall be treated as employees of the state for the purposes of AS 39.52. The provisions of AS 39, other than AS 39.52, do not apply to employees of the corporation. (b) Except as […]