Section 44.83.386. Investment of fund.

Latest version.

The authority shall invest the money in the fund in the manner provided in AS 37.10.070, 37.10.071, and 37.10.075. The authority may withdraw money from the fund only after costs have been incurred or amounts in the fund have been otherwise obligated under contracts for the acquisition and construction of a project.

Authorities

44.25.020

Notes

References

AS 44.25.020 Duties of department.

History

(Sec. 1 ch 118 SLA 1981; am Sec. 16 ch 89 SLA 1983; am Sec. 31 ch 141 SLA 1988; am Sec. 10 ch 36 SLA 2004)

                    
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