Alaska § 42.40.280 - State oversight reports.
Full text of Alaska Alaska Statutes § 42.40.280 — State oversight reports., with citation guidance and answers to common questions.
§ 42.40.280. State oversight reports.
(a) The board shall provide a state oversight report to the governor and the legislature before undertaking (1) expansion, reduction, or diversification of services provided by the railroad upon the date of transfer or as provided under this chapter that the board determines would represent a significant and permanent change in the level and nature of services provided; or
(2) an application for an appropriation to be used for providing any service that is not self-sustaining.
(b) The report under (a) of this section shall be in writing, describe the proposed undertaking in detail, and specify (1) its financial impact on the corporation;
(2) its impact on the level and nature of services provided by the corporation;
(3) the reasons the action is necessary or desirable to achieve the purposes of this chapter;
(4) whether and when the undertaking or service is expected to be self-sustaining financially; and
(5) if the undertaking requires an appropriation to be used for providing a service that is not self-sustaining, that the amount of the appropriation has been strictly calculated in accordance with United States Surface Transportation Board standards for determining rail service subsidies.
Frequently Asked Questions About Alaska § 42.40.280
What does Alaska Statutes § 42.40.280 cover?
Section 42.40.280 ("State oversight reports.") 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 § 42.40.280?
A common citation format is "Alaska Statutes § 42.40.280" (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 § 42.40.280 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.