Section 37.13.150. Corporation budget.

Latest version.

The revenue generated by the fund's investments must be identified as the source of the operating budget of the corporation in the state's operating budget under AS 37.07 (Executive Budget Act). The unexpended balance of the corporation's annual operating budget does not lapse at the end of the fiscal year but shall be treated as income under AS 37.13.140.

Notes

History

(Sec. 5 ch 18 SLA 1980; am Sec. 10 ch 81 SLA 1982; am Sec. 20 ch 134 SLA 1992)

                    
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