™Your Policy Risk Impact Agent
43 chapters · 916 sections in this title.
AS 18.57.010 Finding and purpose.
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The legislature finds that an acute shortage of adequate, safe, reliable electrical facilities exists in the rural areas of the state and that adequate electrical systems cannot be provided by the private sector due to inadequate projected system revenues and economic depression …
AS 18.57.020 Creation of authorities.
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(a) An association authorized by AS 18.55.996(a) to form a regional housing authority is given the authority to form a regional electrical authority. There is created with respect to each of the associations named in AS 18.55.996(a) a public body corporate and politic as a politi…
AS 18.57.030 Tax exemption.
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(a) A regional electrical authority is exempt from payment of taxes or assessments, other than assessments that may be levied under AS 29.46.010, on property owned by the authority that is used for generation and transportation of electricity. (b) All obligations issued under thi…
AS 18.57.040 Powers of the authority.
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A regional electrical authority has the general power to (1) adopt, alter, and use a corporate seal; (2) prescribe, adopt, amend, and repeal bylaws; (3) sue and be sued in its own name; (4) appoint officers, agents, and employees and vest them with powers and duties and to fix, c…