reglab/housing_qa huggingface dataset:
AK Stat § 14.42.100 (2021)
2021 Alaska Statutes|Title 14. Education, Libraries, and Museums|Chapter 42. Postsecondary Education Commission and Loan Corporation|Article 2. Alaska Student Loan Corporation.|Sec. 14.42.100. Creation of Alaska Student Loan Corporation.

There is created the Alaska Student Loan Corporation. The corporation is a public corporation and government instrumentality within the Department of Education and Early Development but having a legal existence independent of and separate from the state. The corporation may not be terminated as long as it has bonds, notes, or other obligations outstanding. Upon termination of the corporation, its rights and property pass to the state.
AK Stat § 14.42.120 (2021)
2021 Alaska Statutes|Title 14. Education, Libraries, and Museums|Chapter 42. Postsecondary Education Commission and Loan Corporation|Article 2. Alaska Student Loan Corporation.|Sec. 14.42.120. Corporation governing body.

(a) The corporation shall be governed by a board of directors appointed by the governor consisting of two members of the Alaska Commission on Postsecondary Education, each of whom is selected for the commission under AS 14.42.015(a)(1) - (2), (4) - (6), (8), or (9) and the commissioner of revenue, the commissioner of administration, and the commissioner of commerce, community, and economic development. Members of the board serve without compensation but the members who are also members of the Alaska Commission on Postsecondary Education are entitled to per diem and travel expenses authorized by law for boards and commissions under AS 39.20.180. (b) The board shall elect a chairman from among its membership at its annual meeting each year. A majority of the members constitute a quorum for organizing the board, conducting its business, and exercising the powers of the corporation.
AK Stat § 14.42.130 (2021)
2021 Alaska Statutes|Title 14. Education, Libraries, and Museums|Chapter 42. Postsecondary Education Commission and Loan Corporation|Article 2. Alaska Student Loan Corporation.|Sec. 14.42.130. Meetings of the board.

(a) The board shall meet at the call of its chairman and at other times as the board may determine in accordance with its regulations. (b) Public notice of a meeting of the board at which the issuance of corporation bonds is authorized shall be provided at least 24 hours before the meeting.
AK Stat § 14.42.140 (2021)
2021 Alaska Statutes|Title 14. Education, Libraries, and Museums|Chapter 42. Postsecondary Education Commission and Loan Corporation|Article 2. Alaska Student Loan Corporation.|Sec. 14.42.140. Minutes of meetings.

The board shall keep minutes of each meeting and send a certified copy to the governor and to the Legislative Budget and Audit Committee.
AK Stat § 14.42.150 (2021)
2021 Alaska Statutes|Title 14. Education, Libraries, and Museums|Chapter 42. Postsecondary Education Commission and Loan Corporation|Article 2. Alaska Student Loan Corporation.|Sec. 14.42.150. Administration of affairs.

The board shall manage the assets and business of the corporation and may adopt bylaws and regulations, in accordance with AS 44.62 (Administrative Procedure Act), governing the manner in which the business of the corporation is conducted and the manner in which its powers are exercised. The board shall delegate supervision of the administration of the corporation to the executive officer of the corporation.
AK Stat § 14.42.160 (2021)
2021 Alaska Statutes|Title 14. Education, Libraries, and Museums|Chapter 42. Postsecondary Education Commission and Loan Corporation|Article 2. Alaska Student Loan Corporation.|Sec. 14.42.160. Executive officer.

The executive officer of the Commission on Postsecondary Education appointed under AS 14.42.040(a) shall serve as executive officer of the corporation. The board shall prescribe the duties of the executive officer.
AK Stat § 14.42.170 (2021)
2021 Alaska Statutes|Title 14. Education, Libraries, and Museums|Chapter 42. Postsecondary Education Commission and Loan Corporation|Article 2. Alaska Student Loan Corporation.|Sec. 14.42.170. Staff.

The employees of the Alaska Commission on Postsecondary Education shall serve as staff for the corporation.
AK Stat § 14.42.190 (2021)
2021 Alaska Statutes|Title 14. Education, Libraries, and Museums|Chapter 42. Postsecondary Education Commission and Loan Corporation|Article 2. Alaska Student Loan Corporation.|Sec. 14.42.190. Budget.

The operating budget of the corporation is subject to AS 37.07 (Executive Budget Act).
AK Stat § 14.42.205 (2021)
2021 Alaska Statutes|Title 14. Education, Libraries, and Museums|Chapter 42. Postsecondary Education Commission and Loan Corporation|Article 2. Alaska Student Loan Corporation.|Sec. 14.42.205. Supplemental education loans: financing program.

(a) The purpose of this section is to provide for supplemental education loan financing to assist qualified borrowers with unmet costs of attendance at a postsecondary institution approved by the commission. (b) The corporation may develop and establish a financing program for the Alaska supplemental education loan administered by the commission under AS 14.43.170 - 14.43.175. (c) The financing program established under (b) of this section (1) shall (A) provide that loans under the Alaska supplemental education loan program are medium-range and long-range fixed-rate and variable-rate loans; (B) require terms and conditions for loans under the Alaska supplemental education loan program as the corporation determines are useful and feasible; (C) be designed to (i) assist postsecondary institutions in this state in attracting and retaining students; (ii) maximize the amount of financing available by using private activity tax-exempt bond capacity as may be allocated by the state; and (2) except as limited by (1)(B) of this subsection, may provide for terms and conditions that are more attractive than prevailing terms and conditions available to students from other supplemental education lenders.
AK Stat § 14.42.210 (2021)
2021 Alaska Statutes|Title 14. Education, Libraries, and Museums|Chapter 42. Postsecondary Education Commission and Loan Corporation|Article 2. Alaska Student Loan Corporation.|Sec. 14.42.210. Education loan fund and program administration.

(a) The education loan fund is established in the corporation. The education loan fund is a trust fund to be used to carry out the purposes of AS 14.42.100 - 14.42.990, AS 14.43.091 - 14.43.175, 14.43.600 - 14.43.700, 14.43.710 - 14.43.750, 14.43.990, and AS 14.44.025. The fund consists of money or assets appropriated or transferred to the corporation for the fund and money or assets deposited in it by the corporation. The corporation may establish separate accounts in the fund. (b) Money and other assets of the education loan fund may be used to (1) secure bonds of the corporation; (2) pay the costs of administration of the fund; (3) invest in education loans and investments under AS 37.10.071; (4) finance programs approved under AS 14.43.091 - 14.43.175, 14.43.600 - 14.43.700, 14.43.710 - 14.43.750, or AS 14.44.040; and (5) pay the costs of administering and collecting the loans and repayment obligations under the financial aid programs listed in (4) of this subsection. (c) The financial aid programs listed in (b)(4) of this section shall be administered by the commission. The corporation and the commission may enter into agreements relating to the administration of the programs. The corporation may assign its rights under the agreements for the benefit and security of holders of its bonds. (d) The corporation may provide for terms and conditions for use of the education loan fund that are more favorable than prevailing terms and conditions available to students from other education lenders.
AK Stat § 14.42.215 (2021)
2021 Alaska Statutes|Title 14. Education, Libraries, and Museums|Chapter 42. Postsecondary Education Commission and Loan Corporation|Article 2. Alaska Student Loan Corporation.|Sec. 14.42.215. Interest.

(a) The corporation shall set the interest rate on a loan financed by the corporation under AS 14.43.091 - 14.43.160, 14.43.170 - 14.43.175, 14.43.710 - 14.43.750, and AS 14.44.040. Interest on a loan accrues from the time the loan is disbursed. (b) A borrower may elect to make payments of interest that accrues during the borrower's term of attendance at the postsecondary institution or during authorized deferment periods; however, any unpaid interest shall be capitalized as part of the principal to be repaid as agreed, or upon graduation, withdrawal, or completion of the deferment period.
AK Stat § 14.42.220 (2021)
2021 Alaska Statutes|Title 14. Education, Libraries, and Museums|Chapter 42. Postsecondary Education Commission and Loan Corporation|Article 2. Alaska Student Loan Corporation.|Sec. 14.42.220. Bonds of the corporation.

(a) The corporation may borrow money and may issue bonds, on which the principal and interest are payable from its income and receipts or other assets or a designated part or parts of them. The corporation may use the proceeds of its bonds for any purposes that the corporation considers appropriate, including providing money to (1) make or purchase education loans; (2) finance programs identified in AS 14.42.210; (3) finance projects of the state as those projects may be identified by law; and (4) pay for any other purpose or program of the corporation that is authorized in AS 14.42.100 - 14.42.310. (b) Bonds may be authorized only by resolution of the board. Bonds shall be dated, bear interest at the rate or rates, be in the denominations, be in the form, either coupon or registered, carry the registration privileges, be executed in the manner, be payable in the medium of payment, at the place or places, be subject to the terms of redemption, and mature as provided by the resolution or a subsequent resolution. However, a bond may not mature more than 40 years after the date it is issued. (c) Bonds of the corporation, regardless of form or character, are negotiable instruments for all the purposes of AS 45.01 - AS 45.08, AS 45.12, AS 45.14, and AS 45.29 (Uniform Commercial Code). (d) Bonds of the corporation may be sold at public or private sale in the manner, for the price or prices, and at the time or times that the board determines. (e) The superior court has jurisdiction to hear and determine proceedings relating to the corporation, including proceedings brought by or for the benefit of a bondholder or by a trustee for or other representative of a bondholder. (f) [Repealed, § 31 ch 63 SLA 2004.]  (g) The corporation may not issue bonds to finance projects under (a)(3) of this section in an aggregate amount that exceeds $280,000,000.
AK Stat § 14.42.230 (2021)
2021 Alaska Statutes|Title 14. Education, Libraries, and Museums|Chapter 42. Postsecondary Education Commission and Loan Corporation|Article 2. Alaska Student Loan Corporation.|Sec. 14.42.230. Trust indentures and trust agreements.

An issue of bonds by the corporation may be secured by a trust indenture or trust agreement between the corporation and a corporate trustee, which may be a trust company, bank, or national banking association, with corporate trust powers, located inside or outside the state, or by a secured loan agreement or other instrument or under a resolution giving powers to a corporate trustee by means of which the corporation may (1) enter into agreements with the trustee or the bondholders that the board determines to be necessary or desirable, including covenants, provisions, limitations, and other agreements as to the (A) application, investment, deposit, use, and disposition of the proceeds of bonds of the corporation or of money or other property of the corporation or in which it has an interest; (B) fixing and collecting of payments and other consideration for an education loan or repayment obligation; (C) assignment by the corporation of its rights in an education loan or repayment obligation or in a mortgage or other security interest created with respect to an education loan or repayment obligation to a trustee for the benefit of bondholders; (D) terms and conditions upon which additional bonds of the corporation may be issued; (E) vesting in a trustee of rights, powers, duties, funds, or property in trust for the benefit of bondholders, including the right to enforce payment, performance, and other rights of the corporation or of the bondholders, under an education loan or repayment obligation or a security interest created with respect to an education loan or repayment obligation; (2) pledge, mortgage, or assign money, agreements, property, or other assets of the corporation either presently in hand or to be received in the future, or both; and (3) provide for other matters that in any way affect the security or protection of the bonds.
AK Stat § 14.42.250 (2021)
2021 Alaska Statutes|Title 14. Education, Libraries, and Museums|Chapter 42. Postsecondary Education Commission and Loan Corporation|Article 2. Alaska Student Loan Corporation.|Sec. 14.42.250. Validity of pledge.

It is the intention of the legislature that a pledge made in respect to bonds of the corporation shall be valid, perfected, and binding from the time the pledge is made; that the money or property so pledged and thereafter received by the corporation shall immediately be subject to the lien of the pledge without physical delivery or further act; and that the lien of the pledge shall be valid and binding as against all parties having claims of any kind in tort, contract, or otherwise against the corporation irrespective of whether the parties have notice. Neither the resolution, trust agreement, nor other instrument by which a pledge is created need be recorded or filed under the provisions of AS 45.01 - AS 45.08, AS 45.12, AS 45.14, and AS 45.29 (Uniform Commercial Code) to be valid, perfected, binding, or effective.
AK Stat § 14.42.260 (2021)
2021 Alaska Statutes|Title 14. Education, Libraries, and Museums|Chapter 42. Postsecondary Education Commission and Loan Corporation|Article 2. Alaska Student Loan Corporation.|Sec. 14.42.260. Nonliability on bonds.

(a) The members of the board and individuals executing the bonds of the corporation are not liable personally on the bonds or subject to personal liability or accountability by reason of the issuance of the bonds. (b) The bonds issued by the corporation do not constitute an indebtedness or other liability of the state or of a political subdivision of the state, except the corporation, but shall be payable solely from the income and receipts or other funds or property of the corporation. The corporation may not pledge the faith or credit of the state, or of a political subdivision of the state, except the corporation, to the payment of a bond. Issuance of a bond by the corporation does not directly, indirectly, or contingently obligate the state or a political subdivision of the state to apply money from, or levy or pledge any form of taxation whatever to the payment of the bond.
AK Stat § 14.42.265 (2021)
2021 Alaska Statutes|Title 14. Education, Libraries, and Museums|Chapter 42. Postsecondary Education Commission and Loan Corporation|Article 2. Alaska Student Loan Corporation.|Sec. 14.42.265. Underwriters.

The board may select one or more underwriters for its bonds in accordance with procedures (1) for the award of a contract under AS 36.30.200 - 36.30.260; or (2) adopted by regulations of the board that are based on the competitive principles of AS 36.30.200 - 36.30.260 and are adapted to the special needs of the corporation in the selling of its bonds as determined by the board.
AK Stat § 14.42.270 (2021)
2021 Alaska Statutes|Title 14. Education, Libraries, and Museums|Chapter 42. Postsecondary Education Commission and Loan Corporation|Article 2. Alaska Student Loan Corporation.|Sec. 14.42.270. Pledge and agreement of state.

The state pledges to and agrees with holders of bonds issued by the corporation that the state will not limit or alter the rights and powers vested in the corporation under AS 14.42.100 - 14.42.990 to fulfill the terms of a contract made by the corporation with the bondholders or in any way impair the rights and remedies of the bondholders until the bonds, together with the interest on them with interest on unpaid installments of interest, and all costs and expenses in connection with an action or proceeding by or on behalf of the bondholders, are fully met and discharged. The corporation may include this pledge and agreement of the state in a contract with bondholders.
AK Stat § 14.42.280 (2021)
2021 Alaska Statutes|Title 14. Education, Libraries, and Museums|Chapter 42. Postsecondary Education Commission and Loan Corporation|Article 2. Alaska Student Loan Corporation.|Sec. 14.42.280. Exemption from taxation.

The real and personal property of the corporation and its assets, income, and receipts are declared to be the property of a political subdivision of the state and devoted to an essential public and governmental function and purpose, and the property, assets, income, receipts, and other interests of the corporation are exempt from all taxes and special assessments of the state or a political subdivision of the state, including municipalities, school districts, public utility districts, and other governmental units. Bonds of the corporation are declared to be issued by a political subdivision of the state and for an essential public and governmental purpose, and the bonds, interest on them, income from them, and transfer of them, and all assets, income, and receipts pledged to pay or secure the payment of the bonds, or interest on them, are exempt from taxation by or under the authority of the state, except for inheritance and estate taxes and taxes on transfers by or in contemplation of death.
AK Stat § 14.42.290 (2021)
2021 Alaska Statutes|Title 14. Education, Libraries, and Museums|Chapter 42. Postsecondary Education Commission and Loan Corporation|Article 2. Alaska Student Loan Corporation.|Sec. 14.42.290. Bonds legal investments for fiduciaries.

The bonds of the corporation are securities in which public officers and bodies of the state, municipalities, insurance companies, insurance associations, other persons carrying on an insurance business, banks, bankers, trust companies, savings banks, savings associations, building and loan associations, investment companies, other persons carrying on a banking business, administrators, guardians, executors, trustees, other fiduciaries, and other persons who are authorized to invest in bonds or other obligations of the state, may properly and legally invest funds including capital in their control or belonging to them. Notwithstanding any other provisions of law, the bonds of the corporation are also securities that may be deposited with and may be received by public officers and bodies of the state and municipalities for any purpose for which the deposit of bonds or other obligations of the state is now or may be authorized.
AK Stat § 14.42.295 (2021)
2021 Alaska Statutes|Title 14. Education, Libraries, and Museums|Chapter 42. Postsecondary Education Commission and Loan Corporation|Article 2. Alaska Student Loan Corporation.|Sec. 14.42.295. Payment to state.

(a) The board may elect to pay the state a return of contributed capital, or a dividend, for each base fiscal year that the corporation's net income equals or exceeds $2,000,000. The payment may not be less than 10 percent nor more than 35 percent, as approved by the board, of the corporation's net income for the base fiscal year, and is subject to the provisions of any applicable bond indentures of the corporation. If a payment is authorized under this section, payment must be made available by the corporation before the end of the fiscal year in which payment has been authorized. The corporation shall notify the commissioner of revenue when the amount of the payment authorized under this section is available for appropriation. (b) In this section, (1) “base fiscal year” means the fiscal year ending two years before the end of the fiscal year in which a payment under this section is to be made available; (2) “contributed capital” means the assets appropriated by sec. 2, ch. 93, SLA 1987, in the form of unrestricted receipts of loans; (3) “dividend” means return of surplus as reflected in the equity section of the corporation's audited financial statements for the education loan fund (AS 14.42.210); (4) “net income” means the corporation's net income as set out in the audited financial statements of the corporation for the base fiscal year.
AK Stat § 14.42.300 (2021)
2021 Alaska Statutes|Title 14. Education, Libraries, and Museums|Chapter 42. Postsecondary Education Commission and Loan Corporation|Article 2. Alaska Student Loan Corporation.|Sec. 14.42.300. Operation of certain statutes excepted.

(a) The corporation is not a municipality as the term is defined in AS 01.10.060. Except as provided in AS 14.42.190, the corporation is not subject to AS 37. For all other purposes the corporation is a political subdivision and an instrumentality of the state. (b) The funds, income, and receipts of the corporation are not money of the state, nor may real property in which the corporation has an interest be considered land owned in fee by the state or to which the state may become entitled or in any way land belonging to the state, or state land referred to in art. VIII of the Alaska Constitution.
AK Stat § 14.42.310 (2021)
2021 Alaska Statutes|Title 14. Education, Libraries, and Museums|Chapter 42. Postsecondary Education Commission and Loan Corporation|Article 2. Alaska Student Loan Corporation.|Sec. 14.42.310. Annual audit.

The financial records of the corporation shall be audited annually by the legislative auditor or by a certified public accountant approved by the legislative auditor. The legislative auditor may prescribe the form and content of the financial records of the corporation and shall have access to these records at any time.
AK Stat § 14.42.990 (2021)
2021 Alaska Statutes|Title 14. Education, Libraries, and Museums|Chapter 42. Postsecondary Education Commission and Loan Corporation|Article 3. General Provisions.|Sec. 14.42.990. Definitions.

In this chapter, unless the context requires otherwise, (1) “board” means the board of directors of the corporation; (2) “commission” means the Alaska Commission on Postsecondary Education created in AS 14.42.015; (3) “corporation” means the Alaska Student Loan Corporation created in AS 14.42.100; (4) “education loan” means a loan that is eligible for financing or is financed from the education loan fund established in AS 14.42.210; (5) “eligible student” means an individual who meets the eligibility requirements established by the federal guaranteed student loan program or as otherwise set out in this chapter; (6) “federal guaranteed student loan program” means the programs of the United States government that make postsecondary educational financial aid available under 20 U.S.C. 1070 - 1099c-2, as amended; (7) “repayment obligation” means an obligation to repay financial support that is financed from the education loan fund established in AS 14.42.210 or otherwise administered by the commission.
AK Stat § 14.43.010 (2021)
2021 Alaska Statutes|Title 14. Education, Libraries, and Museums|Chapter 43. Financial Aid Programs for Postsecondary Students|Article 1. University of Alaska Scholarships for High School Graduates.|Sec. 14.43.010. Scholarships for dormitory rent.

The high school student in each graduating class in each high school in the state who, upon the completion of four years of high school work in a high school in the state, obtains the highest average standing for all the credits earned, and who is graduated at an annual commencement is entitled to receive, during dormitory residence at the University of Alaska, a scholarship covering dormitory rent for a period of two years following the year of graduation upon presenting to the registrar of the university a certificate signed by the superintendent or principal of the high school from which the student graduated stating that the graduate named is entitled to receive the benefits of the scholarship. Dormitory residence is governed by the rules and regulations established by the Board of Regents.