AS 42.45.070: Power cost equalization endowment fund established.
Where this section sits in the code
- Title 42. Public Utilities and Carriers and Energy Programs.
- Chapter 45. Rural and Statewide Energy Programs.
- Article 2. Power Cost Equalization Endowment Fund.
(a) The power cost equalization endowment fund is established as a separate fund of the authority. The fund consists of
(1) legislative appropriations to the fund that are not designated for annual expenditure for the purpose of power cost equalization;
(2) accumulated earnings of the fund;
(3) gifts, bequests, contributions of money and other assets, and federal money given to the fund that are not designated for annual expenditure for power cost equalization; and
(4) [Repealed, § 13 ch 60 SLA 2000.]
(b) Nothing in this section creates a dedicated fund.
(c) [Repealed, § 13 ch 60 SLA 2000.]
Collected 2026-09-02T06:19:21Z. Source file · JSON