2 AAC 45.080. Exemptions from financial assistance

(a) For purposes of this chapter, "financial assistance" does not include the following:

(1) public assistance provided under AS 47;

(2) goods or services purchased for the direct administration or operation of state government;

(3) moneys advanced to an entity under one or more state loan programs;

(4) power cost equalization payments made to an electric cooperative on behalf of its customers;

(5) scholarships, loans, or other tuition aid provided to students, but paid to an education institution on their behalf.

(b) In addition to the exemptions set out in (a) of this section, for a third party, "financial assistance" does not include goods purchased from the third party for direct administration or operation of the entity that received financial assistance.

History: Eff. 7/1/98, Register 146

Authority: AS 37.05.020

AS 37.05.030

AS 37.05.190

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