Alaska § 37.10.088 - Department of Administration authorized to make advances to the University.
Full text of Alaska Alaska Statutes § 37.10.088 — Department of Administration authorized to make advances to the University., with citation guidance and answers to common questions.
§ 37.10.088. Department of Administration authorized to make advances to the University.
(a) During any fiscal year the Department of Administration may make advances to the University of Alaska against verified receivables from appropriations for grants and contracts from federal or private sources of the university and upon condition that the university reimburse the fund for these advances from funds received by the university from federal or private sources. The advances may not exceed 80 percent of the verified receivables from grants and contracts appropriated from federal or private sources.
(b) The total of advances in a fiscal year may not exceed 10 percent of the total of grants and contracts from federal and private sources appropriated to the university for that fiscal year. The amounts advanced in a fiscal year shall be repaid in full to the department within 120 days following the close of that fiscal year. If the repayment is not made on a timely basis, the department may withhold amounts due from state fund appropriations for the university.
(c) The commissioner of administration shall submit a quarterly report of all advances and reimbursements under this section to the Legislative Budget and Audit Committee.
(d) The department shall establish the procedure for making advances to the university and for securing reimbursement from the university.
Source: official Alaska text · Last verified 2026-08-27
Frequently Asked Questions About Alaska § 37.10.088
What does Alaska Statutes § 37.10.088 cover?
Section 37.10.088 ("Department of Administration authorized to make advances to the University.") 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 § 37.10.088?
A common citation format is "Alaska Statutes § 37.10.088" (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 § 37.10.088 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.