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Title 15 . Revenue
Chapter 137 . (Repealed)
Section 510. Lending of permanent fund-owned securities

15 AAC 137.510. Lending of permanent fund-owned securities

Securities purchased by or otherwise held for the permanent fund may be loaned to securities dealers or financial institutions, if the loan is collateralized by cash or securities having a market value of at least 102 percent of the market value of securities loaned.

History: Eff. 1/1/2006, Register 177

Authority: AS 37.13.120

AS 37.13.206

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Last modified 7/05/2006