The Internal Revenue Service is auditing some 2002 auction rate securities issued by an Alaska authority and has closed an audit of some 2006 Louisiana transportation bonds with no change to their tax-exempt status.

The IRS notified the Alaska Student Loan Corp. on Jan. 2 that it was auditing $62.5 million of Series 2002A and 2002B education loan revenue bonds, which were actually auction rate certificates.

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