Alaska Statutes (Last Updated: January 11, 2017) |
Title 37. PUBLIC FINANCE. |
Chapter 37.14. SPECIAL FUNDS. |
Article 37.14.05. EXXON VALDEZ OIL SPILL TRUST. |
Section 37.14.420. Payments to persons other than governments.
Latest version.
-
The state trustees may not agree to an expenditure of money from the trust to a person or entity other than an agency of the state or federal government unless the expenditure is for administrative expenses of the trust and is consistent with the competitive principles of AS 36.30 (State Procurement Code). This section does not prevent an agency receiving trust money from expending the money in accordance with procurement or other law applicable to that agency.
Notes
History
(Sec. 1 ch 1 FSSLA 1992)