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Alaska Statutes Title 42. Public Utilities and Carriers and Energy Programs § 42.45.070. Power cost equalization endowment fund established

Current as of January 01, 2025 | Updated by Findlaw Staff

(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(4) Repealed by SLA 2000, ch. 60, § 13, eff. Feb. 1, 2002.

(b) Nothing in this section creates a dedicated fund.

(c) Repealed by SLA 2000, ch. 60, § 13, eff. Feb. 1, 2002.

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Cite this article: FindLaw.com - Alaska Statutes Title 42. Public Utilities and Carriers and Energy Programs § 42.45.070. Power cost equalization endowment fund established - last updated January 01, 2025 | https://codes.findlaw.com/ak/title-42-public-utilities-and-carriers-and-energy-programs/ak-st-sect-42-45-070/

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