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(a) The corpus or income of the assets held in trust as required by the plan may not be diverted or used for other than the exclusive benefit of the participants.
(b) The assets of the plan may not be used to pay premiums or contributions of the employer under another plan maintained by the employer.
Cite this article: FindLaw.com - Alaska Statutes Title 39. Public Officers and Employees § 39.30.430. Exclusive benefit - last updated April 21, 2021 | https://codes.findlaw.com/ak/title-39-public-officers-and-employees/ak-st-sect-39-30-430/
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