Alaska § 37.13.310 - Corporation to manage the power cost equalization endowment fund.
Full text of Alaska Alaska Statutes § 37.13.310 — Corporation to manage the power cost equalization endowment fund., with citation guidance and answers to common questions.
§ 37.13.310. Corporation to manage the power cost equalization endowment fund.
(a) The corporation shall manage the power cost equalization endowment fund using the same investment objective and asset allocation as the corporation uses in managing the Alaska permanent fund subject to AS 37.13.120 .
(b) The corporation shall (1) at least quarterly, prepare a financial report showing investment revenue and expenditures, including the allocation of the cash assets of the power cost equalization endowment fund among investments; and
(2) annually prepare financial statements in accordance with generally accepted accounting principles consistently applied, and an audit report prepared by a certified public accountant.
(c) After preparing a financial statement or report, the corporation shall publish and deliver the financial statement or report to the Alaska Energy Authority, the Department of Commerce, Community, and Economic Development, the senate secretary, and the chief clerk of the house of representatives, and notify the legislature that the financial statement or report is available.
(d) Net income from the power cost equalization endowment fund may not be included in the computation of net income or market value available for distribution or appropriation under AS 37.13.140 .
Article 3. General Provisions.
Source: official Alaska text · Last verified 2026-08-27
Frequently Asked Questions About Alaska § 37.13.310
What does Alaska Statutes § 37.13.310 cover?
Section 37.13.310 ("Corporation to manage the power cost equalization endowment fund.") 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 § 37.13.310?
A common citation format is "Alaska Statutes § 37.13.310" (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 § 37.13.310 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.