Section 37.14.600. Arctic Winter Games Team Alaska trust fund established.

Latest version.

   (a) The Arctic Winter Games Team Alaska trust fund is established as a separate endowment trust of the state consisting of
        (1) appropriations to the trust;
        (2) donations to the trust; and
        (3) income earned on investments of trust assets.
   (b) The commissioner of revenue shall manage the trust as an endowment, with the goal of ensuring that the purchasing power of the trust will not diminish over time without regard to additional contributions that may be made to the trust.
   (c) Nothing in this section creates a dedicated fund.

Authorities

37.14.620

Notes

References

AS 37.14.620 Transfers from the trust fund.

History

(Sec. 1 ch 21 SLA 2001)

                    
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