Alaska § 24.20.206 - Duties.
Full text of Alaska Alaska Statutes § 24.20.206 — Duties., with citation guidance and answers to common questions.
§ 24.20.206. Duties.
The Legislative Budget and Audit Committee shall (1) annually review the long-range operating plans of all agencies of the state that perform lending or investment functions;
(2) review periodic reports from all agencies of the state that perform lending or investment functions;
(3) prepare a complete report of investment programs, plans, performance, and policies of all agencies of the state that perform lending or investment functions and notify the legislature on or before the first day of each regular session that the report is available;
(4) in conjunction with the finance committee of each house, recommend annually to the legislature the investment policy for the general fund surplus and for the income from the permanent fund;
(5) provide for an annual post audit and annual operational and performance evaluation of the Alaska Permanent Fund Corporation investments and investment programs;
(6) provide for an annual operational and performance evaluation of the Alaska Housing Finance Corporation and the Alaska Industrial Development and Export Authority; the performance evaluation must include, but is not limited to, a comparison of the effect on various sectors of the economy by public and private lending, the effect on resident and nonresident employment, the effect on real wages, and the effect on state and local operating and capital budgets of the programs of the Alaska Housing Finance Corporation and the Alaska Industrial Development and Export Authority;
(7) provide assistance to the trustees of the trust established in AS 37.14.400 — 37.14.450 in carrying out their duties under AS 37.14.415 .
Frequently Asked Questions About Alaska § 24.20.206
What does Alaska Statutes § 24.20.206 cover?
Section 24.20.206 ("Duties.") is part of the Alaska Statutes, the codified statutory law of Alaska. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Alaska § 24.20.206?
A common citation format is "Alaska Statutes § 24.20.206" (Alaska). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Alaska law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Alaska official source linked on this page or consult a licensed Alaska attorney.
How does Alaska § 24.20.206 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Alaska can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Alaska.