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Alaska Statutes.
Title 45. Trade and Commerce
Chapter 89. Residential Energy Conservation Fund
Section 10. Fund Established.
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AS 45.89.010. Fund Established.

(a) There is established in the Department of Commerce, Community, and Economic Development the residential energy conservation fund to carry out the purposes of this chapter. Loans and grants made under this chapter may be used to purchase, construct, and install an energy conservation improvement in residential buildings.

(b) Money in the fund may be used by the legislature to make appropriations for costs of administering this chapter.

(c) On June 30 of each fiscal year the unexpended and unobligated cash balance of the fund that is attributable to loans owned by the fund lapses into the general fund.


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Last modified 9/3/2005