reglab/housing_qa huggingface dataset:
AK Stat § 31.25.110 (2021)
2021 Alaska Statutes|Title 31. Oil and Gas|Chapter 25. Alaska Gasline Development Corporation|Article 1. Organization, Administration, and Powers.|Sec. 31.25.110. Alaska liquefied natural gas project fund.

The Alaska liquefied natural gas project fund is established in the corporation and consists of money appropriated to it. The corporation shall determine fund management and may contract with the Department of Revenue for fund management. If money is appropriated to the fund to finance the cost of an Alaska liquefied natural gas project, the corporation shall create an account in the fund for that purpose and hold the money appropriated for that purpose in that account. Interest and other income received on money in the fund shall be separately accounted for and may be appropriated to the fund. The corporation may use money appropriated to the fund without further appropriation for the purpose of managing the fund, for purposes related to an Alaska liquefied natural gas project, and for the purpose of transferring net revenue received by the corporation related to equity interests, contracts, and other activities to the appropriate fund of the state as determined by the commissioner of revenue in consultation with the commissioner of natural resources.
AK Stat § 31.25.120 (2021)
2021 Alaska Statutes|Title 31. Oil and Gas|Chapter 25. Alaska Gasline Development Corporation|Article 1. Organization, Administration, and Powers.|Sec. 31.25.120. Creation of subsidiaries.

The corporation may create subsidiary corporations for the purpose of developing, constructing, operating, and financing in-state natural gas pipeline projects or other transportation mechanisms; for the purpose of aiding in the development, construction, operation, and financing of in-state natural gas pipeline projects; or for the purpose of acquiring natural gas from the North Slope, and natural gas from other regions of the state, including the state's outer continental shelf, and making that natural gas available to markets in the state, including the delivery of natural gas, including propane and other hydrocarbons associated with natural gas other than oil, to coastal communities in the state, or for export. Subject to the limitations for the use of money appropriated to the in-state natural gas pipeline fund (AS 31.25.100) and the Alaska liquefied natural gas project fund (AS 31.25.110), the corporation may transfer assets of the corporation to a subsidiary created under this section. A subsidiary created under this section may borrow money and issue bonds as evidence of that borrowing and has all the powers of the corporation that the corporation grants to it. Unless otherwise provided by the corporation, the debts, liabilities, and obligations of a subsidiary corporation created under this section are not the debts, liabilities, or obligations of the corporation.
AK Stat § 31.25.140 (2021)
2021 Alaska Statutes|Title 31. Oil and Gas|Chapter 25. Alaska Gasline Development Corporation|Article 1. Organization, Administration, and Powers.|Sec. 31.25.140. Exemption from the State Procurement Code; application of the Executive Budget Act; corporation finances.

(a) The corporation and its subsidiaries are exempt from the provisions of AS 36.30 (State Procurement Code). (b) The operating budget of the corporation and a subsidiary of the corporation are subject to AS 37.07 (Executive Budget Act). (c) To further ensure effective budgetary decision making by the legislature, the board shall (1) annually review the corporation's assets, including the assets of the in-state natural gas pipeline fund under AS 31.25.100 and the Alaska liquefied natural gas project fund under AS 31.25.110, to determine whether assets of the corporation exceed an amount required to fulfill the purposes of the corporation as defined in this chapter; in making its review, the board shall determine whether, and to what extent, assets in excess of the amount required to fulfill the purposes of the corporation during the next fiscal year are available without (A) breaching an agreement entered into by the corporation; (B) materially impairing the operations or financial integrity of the corporation; or (C) materially affecting the ability of the corporation to fulfill the purposes of the corporation as defined in this chapter; (2) specifically identify in the corporation's assets the amounts that the board believes are necessary to meet the requirements of (1)(C) of this subsection; and (3) present to the legislature by January 10 of each year a complete accounting of all assets of the corporation, including assets of the in-state natural gas pipeline fund under AS 31.25.100 and the Alaska liquefied natural gas project fund under AS 31.25.110, and a report of the review and determination made under (1) and (2) of this subsection; the accounting shall be audited by an independent outside auditor.
AK Stat § 31.25.170 (2021)
2021 Alaska Statutes|Title 31. Oil and Gas|Chapter 25. Alaska Gasline Development Corporation|Article 2. Bonds and Notes.|Sec. 31.25.170. Independent financial advisor.

In negotiating the sale of bonds or bond anticipation notes to an underwriter, the corporation may retain a financial advisor. A financial advisor retained under this section must be independent from the underwriter.
AK Stat § 31.25.180 (2021)
2021 Alaska Statutes|Title 31. Oil and Gas|Chapter 25. Alaska Gasline Development Corporation|Article 2. Bonds and Notes.|Sec. 31.25.180. Validity of pledge.

The pledge of assets or revenue of the corporation to the payment of the principal of or interest on an obligation 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 lien of the pledge is valid and binding against all parties having claims of any kind in tort, contract, or otherwise against the corporation, regardless of whether those parties have notice of the lien of the pledge. This section does not prohibit the corporation from selling assets subject to a pledge, except that the sale may be restricted by the trust agreement or resolution providing for the issuance of the obligations.
AK Stat § 31.25.200 (2021)
2021 Alaska Statutes|Title 31. Oil and Gas|Chapter 25. Alaska Gasline Development Corporation|Article 2. Bonds and Notes.|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 agreement or resolution, or under another contract executed by the corporation under this chapter; and (2) may enforce and compel the performance of all duties required by this chapter or by the trust agreement or resolution to be performed by the corporation or by an officer of the corporation.
AK Stat § 31.25.210 (2021)
2021 Alaska Statutes|Title 31. Oil and Gas|Chapter 25. Alaska Gasline Development Corporation|Article 2. Bonds and Notes.|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.
AK Stat § 31.25.220 (2021)
2021 Alaska Statutes|Title 31. Oil and Gas|Chapter 25. Alaska Gasline Development Corporation|Article 2. Bonds and Notes.|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 may be deposited with a state or municipal officer of an agency or political subdivision of the state for any purpose for which the deposit of bonds, notes, or obligations of the state is authorized by law.
AK Stat § 31.25.230 (2021)
2021 Alaska Statutes|Title 31. Oil and Gas|Chapter 25. Alaska Gasline Development Corporation|Article 2. Bonds and Notes.|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 maturities and other details of them, the rights of the holders of them, and the rights, duties, and obligations of the corporation with respect to them are governed by the provisions of this chapter that relate to the issuance of obligations, insofar as those provisions may be appropriate. (b) Refunding obligations may be sold or exchanged for outstanding obligations issued under this chapter, and, if sold, the proceeds may be applied, in addition to other authorized purposes, to the purchase, redemption, or payment of the outstanding obligations.
AK Stat § 31.25.240 (2021)
2021 Alaska Statutes|Title 31. Oil and Gas|Chapter 25. Alaska Gasline Development Corporation|Article 2. Bonds and Notes.|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 corporation. Each obligation issued under this chapter shall contain on its face a statement that the corporation is not obligated to pay the obligation or the interest on the obligation except from the revenue or assets of the corporation and that neither the faith and credit nor the taxing power of the state or of any political subdivision of the state is pledged to the payment of the principal of or the interest on the obligation. This subsection applies to all debt, obligations, and liabilities of the corporation regardless of how the debt, obligations, or liabilities are created, including by contract, tort, or bond or note issuance. Except as provided in this subsection, a person may not bring suit against the state or a political subdivision of the state other than the corporation in the courts of the state to enforce or seek a remedy with respect to a debt, obligation, or liability of the corporation. (b) Expenses incurred by the corporation in carrying out the provisions of this chapter are payable from funds provided under this chapter, and liability may not be incurred by the corporation in excess of those funds.
AK Stat § 31.25.250 (2021)
2021 Alaska Statutes|Title 31. Oil and Gas|Chapter 25. Alaska Gasline Development Corporation|Article 3. General Provisions.|Sec. 31.25.250. Limitation on personal liability.

A member of the board or other officer of the corporation or a subsidiary of the corporation is not subject to personal liability or accountability because the member or officer executed or issued an obligation.
AK Stat § 31.25.260 (2021)
2021 Alaska Statutes|Title 31. Oil and Gas|Chapter 25. Alaska Gasline Development Corporation|Article 3. General Provisions.|Sec. 31.25.260. Tax exemption.

(a) The exercise of the powers granted by this chapter is, in all respects, for the benefit of the people of the state, for their well-being and prosperity, and for the improvement of their social and economic conditions, and the corporation is not required to pay a tax or assessment on any property owned by the corporation under the provisions of this chapter or on the income from it, including state taxes levied or authorized under AS 43.56.010(a) and municipal taxes under AS 43.56.010(b) as provided in AS 43.56.020. (b) All obligations issued under this chapter are declared to be issued by a body corporate and public of the state and for an essential public and governmental purpose, and the obligations, and the interest and income on and from the obligations, and all fees, charges, funds, revenue, income, and other money pledged or available to pay or secure the payment of the obligations, or interest on the obligations, are exempt from taxation except for transfer, inheritance, and estate taxes.
AK Stat § 31.25.270 (2021)
2021 Alaska Statutes|Title 31. Oil and Gas|Chapter 25. Alaska Gasline Development Corporation|Article 3. General Provisions.|Sec. 31.25.270. Annual report; final report.

(a) The corporation shall prepare and transmit annually a report to the governor accounting for the efficient discharge of all responsibility assigned by law or by directive to the corporation. The corporation shall notify the legislature that the report is available. (b) By January 10 of each year, the board shall prepare a report of the corporation. The board shall notify the governor and the legislature that the report is available, and publish notice to the public on the Alaska Online Public Notice System under AS 44.62.175 that the report is available on the corporation's Internet website. The report shall be written in easily understandable language. The report must include a financial statement audited by an independent outside auditor and any other information the board believes would be of interest to the governor, the legislature, and the public. The annual income statement and balance sheet of the corporation shall be published on the Internet. The board may also publish electronically or in print, at the corporation's discretion, other reports it considers desirable to carry out its purpose. (c) After a decision of the corporation to dissolve under AS 31.25.010, the corporation shall provide a final report to the governor, the legislature, and the public that summarizes the reasons for the dissolution of the corporation and a statement by an independent outside auditor that the corporation and the subsidiaries of the corporation, if any, have no bonds, notes, or other obligations outstanding.
AK Stat § 32.06.201 (2021)
2021 Alaska Statutes|Title 32. Partnership|Chapter 06. Uniform Partnership Act|Article 1. Nature and Property of Partnership.|Sec. 32.06.201. Partnership as entity.

(a) A partnership is an entity distinct from its partners. (b) A limited liability partnership continues to be the same entity that existed before the filing of a statement of qualification under AS 32.06.911.
AK Stat § 32.06.202 (2021)
2021 Alaska Statutes|Title 32. Partnership|Chapter 06. Uniform Partnership Act|Article 1. Nature and Property of Partnership.|Sec. 32.06.202. Formation of partnership.

(a) Except as otherwise provided in (b) of this section, the association of two or more persons to carry on as co-owners a business for profit forms a partnership, whether or not the persons intend to form a partnership. (b) An association formed under a statute other than this chapter, a predecessor statute, or a comparable statute of another jurisdiction is not a partnership under this chapter. (c) In determining whether a partnership is formed, the following rules apply: (1) joint tenancy, tenancy in common, tenancy by the entirety, joint property, common property, or part ownership does not by itself establish a partnership, even if the co-owners share profits made by the use of the property; (2) the sharing of gross returns does not by itself establish a partnership, even if the persons sharing them have a joint or common right or interest in property from which the returns are derived; (3) a person who receives a share of the profits of a business is presumed to be a partner in the business, unless the profits are received in payment (A) of a debt by installments or otherwise; (B) for services as an independent contractor, or of wages or other compensation to an employee; (C) of rent; (D) of an annuity or other retirement or health benefit provided to a beneficiary, representative, or designee of a deceased or retired partner; (E) of interest or other charge on a loan, even if the amount of payment varies with the profits of the business, including a direct or indirect present or future ownership of the collateral, or rights to income, proceeds, or increase in value derived from the collateral; or (F) for the sale of the good will of a business or other property by installments or otherwise.
AK Stat § 32.06.203 (2021)
2021 Alaska Statutes|Title 32. Partnership|Chapter 06. Uniform Partnership Act|Article 1. Nature and Property of Partnership.|Sec. 32.06.203. Partnership property.

Property acquired by a partnership is property of the partnership and not of the partners individually.
AK Stat § 32.06.204 (2021)
2021 Alaska Statutes|Title 32. Partnership|Chapter 06. Uniform Partnership Act|Article 1. Nature and Property of Partnership.|Sec. 32.06.204. When property is partnership property.

(a) Property is partnership property if acquired in the name of (1) the partnership; or (2) one or more partners with an indication in the instrument transferring title to the property of the person's capacity as a partner or of the existence of a partnership but without an indication of the name of the partnership. (b) Property is acquired in the name of the partnership by a transfer to (1) the partnership in its name; or (2) one or more partners in their capacity as partners in the partnership if the name of the partnership is indicated in the instrument transferring title to the property. (c) Property is presumed to be partnership property if purchased with partnership assets, even if not acquired in the name of the partnership or of one or more partners with an indication in the instrument transferring title to the property of the person's capacity as a partner or of the existence of a partnership. (d) Property acquired in the name of one or more of the partners, without an indication in the instrument transferring title to the property of the person's capacity as a partner or of the existence of a partnership and without use of partnership assets, is presumed to be separate property even if used for partnership purposes.
AK Stat § 32.06.301 (2021)
2021 Alaska Statutes|Title 32. Partnership|Chapter 06. Uniform Partnership Act|Article 2. Relations of Partners to Persons Dealing with Partnership.|Sec. 32.06.301. Partner as agent of partnership.

Subject to the effect of a statement of partnership authority under AS 32.06.303, (1) each partner is an agent of the partnership for the purpose of its business; an act of a partner, including the execution of an instrument in the partnership name, for apparently carrying on in the ordinary course the partnership business or business of the kind carried on by the partnership binds the partnership, unless the partner does not have authority to act for the partnership in the particular matter and the person with whom the partner is dealing knows or has received a notification that the partner lacks authority; (2) an act of a partner that is not apparently for carrying on in the ordinary course the partnership business or business of the kind carried on by the partnership does not bind the partnership unless the act was authorized by the other partners.
AK Stat § 32.06.302 (2021)
2021 Alaska Statutes|Title 32. Partnership|Chapter 06. Uniform Partnership Act|Article 2. Relations of Partners to Persons Dealing with Partnership.|Sec. 32.06.302. Transfer and recovery of partnership property.

(a) Subject to the effect of a statement of partnership authority under AS 32.06.303, partnership property held in the name of the partnership may be transferred by an instrument of transfer executed by a partner in the partnership name. (b) Partnership property held in the name of one or more partners, with an indication in the instrument transferring the property to them of their capacity as partners or of the existence of a partnership, but without an indication of the name of the partnership, may be transferred by an instrument of transfer executed by the persons in whose name the property is held. (c) Partnership property held in the name of one or more persons other than the partnership, without an indication in the instrument transferring the property to them of their capacity as partners or of the existence of a partnership, may be transferred by an instrument of transfer executed by the persons in whose name the property is held. (d) A partnership may recover partnership property from a transferee only if the partnership proves that execution of the instrument of initial transfer did not bind the partnership under AS 32.06.301 and (1) as to a subsequent transferee who gave value for property transferred under (a) or (b) of this section, that the subsequent transferee knew or had received a notification that the person who executed the instrument of initial transfer lacked authority to bind the partnership; or (2) as to a transferee who gave value for property transferred under (c) of this section, that the transferee knew or had received a notification that the property was partnership property, and that the person who executed the instrument of initial transfer lacked authority to bind the partnership. (e) A partnership may not recover partnership property from a subsequent transferee if the partnership would not have been entitled to recover the property under (d) of this section from an earlier transferee of the property. (f) If a person holds all of the partners' interests in the partnership, all of the partnership property vests in the person. The person may execute a document in the name of the partnership to evidence vesting of the property in the person and may file or record the document.
AK Stat § 32.06.304 (2021)
2021 Alaska Statutes|Title 32. Partnership|Chapter 06. Uniform Partnership Act|Article 2. Relations of Partners to Persons Dealing with Partnership.|Sec. 32.06.304. Statement of denial.

A partner or other person named as a partner in a filed statement of partnership authority or in a list maintained by an agent under AS 32.06.303(b) may file a statement of denial stating the name of the partnership and the fact that is being denied, which may include denial of a person's authority or status as a partner. A statement of denial is a limitation on authority under AS 32.06.303(d) and (e).
AK Stat § 32.06.305 (2021)
2021 Alaska Statutes|Title 32. Partnership|Chapter 06. Uniform Partnership Act|Article 2. Relations of Partners to Persons Dealing with Partnership.|Sec. 32.06.305. Partnership liable for partner's actionable conduct.

(a) A partnership is liable for loss or injury caused to a person, or for a penalty incurred, as a result of a wrongful act or omission, or other actionable conduct, of a partner acting in the ordinary course of business of the partnership or with authority of the partnership. (b) If, in the course of the partnership's business or while acting with authority of the partnership, a partner receives or causes the partnership to receive money or property of a person who is not a partner and the money or property is misapplied by a partner, the partnership is liable for the loss.