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9 chapters · 320 sections in this title.
AS 26.27.230 Power of corporation to confer upon obligee right to bring action or proceeding.
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The corporation may by resolution, trust indenture, mortgage, lease, or other contract confer upon an obligee holding or representing a specified amount in bonds, or holding a lease, the right upon a default as defined in the resolution or instrument by suit, action, or proceedin…
AS 26.27.240 Exemption of real property of corporation from execution or other process.
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All real property of the corporation is exempt from levy and sale by execution, and an execution or other judicial process may not issue against it. A judgment against the corporation may not be a charge or lien upon its real property. However, this section does not limit the rig…
AS 26.27.250 Power of corporation to obtain federal aid and cooperation.
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The corporation may borrow, accept contributions, grants, or other financial assistance from the federal government in aid of a space-related project and for this purpose may comply with conditions and enter into the mortgages, trust indentures, leases, or agreements that are nec…
AS 26.27.260 Exemption from taxes and assessments.
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The property of the corporation is public property used for essential public and governmental purposes and this property and the corporation are exempt from all taxes and special assessments of a municipality, the state, or a political subdivision of the state. However, instead o…