Section 43.23.069. Assignments.

   (a) Except as provided in (b) of this section, a person eligible to receive a permanent fund dividend may not assign the right to the dividend. An attempted assignment of the right to receive a permanent fund dividend is against public policy and is void.
   (b) A person may assign the right to receive a permanent fund dividend to a federal, state, or municipal government agency or to a court.
   (c) For purposes of this section, "state agency" includes a regional housing authority created under AS 18.55.996.

Authorities

43.23.062;43.23.071

Notes

Recent Bills that will modify this

HB 365 INCOME TAX; PERMANENT FUND TAX CREDIT

Implemented As

15 AAC 23.203

References

15 AAC 23.203
AS 43.23.062 Contributions from dividends.
AS 43.23.071 Fees for processing claims and assignments.

History

(Sec. 15 ch 4 SLA 1992; am Sec. 17 ch 4 SLA 1992)