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Alaska Statutes.
Title 42. Public Utilities and Carriers
Chapter 45. Rural and Statewide Energy Programs
Section 70. Power Cost Equalization Endowment Fund Established.
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AS 42.45.070. Power Cost Equalization Endowment Fund Established.

(a) The power cost equalization endowment fund is established as a separate fund of the authority. The fund consists of

(1) legislative appropriations to the fund that are not designated for annual expenditure for the purpose of power cost equalization;

(2) accumulated earnings of the fund;

(3) gifts, bequests, contributions of money and other assets, and federal money given to the fund that are not designated for annual expenditure for power cost equalization; and

(4) [Repealed, Sec. 13 ch 60 SLA 2000].

(b) Nothing in this section creates a dedicated fund.

(c) [Repealed, Sec. 13 ch 60 SLA 2000].


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Last modified 9/3/2005