Section 39.40.020. Administration.


Latest version.
  •    (a) The wage deductions withheld under AS 39.40.010 shall be held in trust until a United States savings bond is purchased by the Department of Administration.  After the purchase of the bond, it shall be turned over to the employee.
       (b) The Department of Administration shall adopt regulations to carry out this chapter.

Notes


Recent Bills that will modify this

HB 301 DOA PAYMENTS; REPEAL OTHER DOA DUTIES
SB 171 DOA PAYMENTS; REPEAL OTHER DOA DUTIES
History

(Sec. 1 ch 46 SLA 1963)