Alaska § 37.05.510 - Working reserve account.
Full text of Alaska Alaska Statutes § 37.05.510 — Working reserve account., with citation guidance and answers to common questions.
§ 37.05.510. Working reserve account.
(a) There is established in the general fund a working reserve account. The working reserve account consists of amounts appropriated to state agencies for (1) cash payment of accrued leave;
(2) cash payment of terminal leave;
(3) payment of the employer's contribution for unemployment benefits of former employees; and
(4) payment of claims for workers' compensation and general liability.
(b) The Department of Administration shall allocate to the working reserve account amounts appropriated to all state agencies for the benefits set out in (a) of this section after the appropriation Act implementing the state operating budget is enacted. The department shall charge the reserve account with all payments for the benefits set out in (a) of this section. If payments for a fiscal year exceed the unexpended balance of appropriations allocated to the account, the department may, except for payments under (a)(4) of this section, pay those benefits by charging the unencumbered balance of any appropriation enacted to finance the payment of employee salaries and benefits that is determined to be available for lapse at the end of the fiscal year.
Frequently Asked Questions About Alaska § 37.05.510
What does Alaska Statutes § 37.05.510 cover?
Section 37.05.510 ("Working reserve account.") 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 § 37.05.510?
A common citation format is "Alaska Statutes § 37.05.510" (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 § 37.05.510 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.