3 AAC 89.010. Execution of grants

(a) The department will not disburse money appropriated under AS 43.76.025 in conjunction with the salmon enhancement tax except under a grant agreement between an association and the department. The grant agreement must

(1) be signed by an authorized representative of the association;

(2) be evidenced by a corporate resolution approving the association's annual budget; and

(3) include an annual budget and a quarterly cash-flow projection anticipated by the association for the fiscal year beginning July 1 of the year in which the grant agreement is signed by all parties to it and ending the following June 30.

(b) , (c) Repealed 7/4/91.

History: Eff. 6/18/82, Register 82; am 7/4/91, Register 119

Authority: AS 43.76.025 (c)

AS 43.76.030

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