Alaska Statutes (Last Updated: January 11, 2017) |
Title 40. PUBLIC RECORDS AND RECORDERS. |
Chapter 40.21. MANAGEMENT AND PRESERVATION OF PUBLIC RECORDS. |
Article 40.21.01. PUBLIC RECORDS. |
Section 40.21.040. Gifts, bequests, or endowments of money.
Latest version.
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Gifts, bequests, or endowments of money shall be deposited in a separate account in the general fund and may be invested in a manner not inconsistent with the investment of other state funds. Proceeds of invested funds shall be used to carry out the purposes for which the money was given.
Notes
History
(Sec. 1 ch 191 SLA 1970)