Alaska Statutes Title 37. Public Finance § 37.14.510. Net income account

(a) The net income account is established in the Alaska heritage endowment fund. The net income account of the fund consists of

(b) The legislature may appropriate from the net income account to the principal of the fund under AS 37.14.500(1).

(c) The net income of the fund shall be determined by the commissioner of revenue in accordance with investment accounting principles and in a manner that preserves the distinction between principal and income.

(d) Unless otherwise provided by the act making an appropriation under (b) of this section, an amount appropriated to the net income account under (b) of this section does not lapse.