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Title 11 . Natural Resources
Chapter 83 . (No Regulations Filed)
Section 214. Net profit payment account

11 AAC 83.214. Net profit payment account

The net profit payment account for a NPSL in any month equals the amount, if any, transferred for that month from the NPSL's development account under 11 AAC 83.212(e) . Each amount so transferred is a credit in the net profit payment account. If for a month no transfer is made from the NPSL's development account under 11 AAC 83.212(e) , the balance in the NPSL's net profit payment account for that month is zero.

History: Eff. 11/9/79, Register 72

Authority: AS 38.05.020

AS 38.05.180

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Last modified 7/05/2006