Alaska § 26.23.080 - Federal disaster loans to political subdivisions.
Full text of Alaska Alaska Statutes § 26.23.080 — Federal disaster loans to political subdivisions., with citation guidance and answers to common questions.
§ 26.23.080. Federal disaster loans to political subdivisions.
Whenever, at the request of the governor, the President has declared a major disaster to exist in this state, the governor may (1) upon the governor's determination that a political subdivision of the state will suffer a substantial loss of tax and other revenue from the disaster and has demonstrated a need for financial assistance to perform its governmental functions, apply to the federal government, on behalf of the political subdivision, for a loan; the governor may receive and disburse the proceeds of any approved loan to any applicant political subdivision;
(2) determine the amount needed by any applicant political subdivision to restore or resume its governmental functions, and to certify the amount to the federal government;
(3) recommend to the federal government, based upon review by the governor, the cancellation of all or any part of repayment when, for the first three full fiscal years following the major disaster, the revenue of the political subdivision is insufficient to meet its operating expenses, including additional disaster-related expenses of a municipal operation character.
Source: official Alaska text · Last verified 2026-08-27
Frequently Asked Questions About Alaska § 26.23.080
What does Alaska Statutes § 26.23.080 cover?
Section 26.23.080 ("Federal disaster loans to political subdivisions.") 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 § 26.23.080?
A common citation format is "Alaska Statutes § 26.23.080" (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 § 26.23.080 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.