Alaska Statutes (Last Updated: January 11, 2017) |
Title 42. PUBLIC UTILITIES AND CARRIERS AND ENERGY PROGRAMS. |
Chapter 42.40. ALASKA RAILROAD CORPORATION. |
Article 42.40.04. POWERS AND DUTIES. |
Section 42.40.290. Long-range capital improvement and program plan.
Latest version.
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(a) The corporation shall prepare and the board shall adopt a long-range capital improvement and program plan. The plan must explain the manner in which the corporation intends to accomplish the purposes of this chapter and the corporation's anticipated capital improvements during each of the five years after the plan is adopted.
(b) The board shall annually review and approve revisions to the long-range capital improvement and program plan. The board shall provide copies of the updated plan to the governor and the legislature by December 1 of each year.
Notes
History
(Sec. 2 ch 153 SLA 1984)