Alaska § 37.14.035 - Trust fund utilization.
Full text of Alaska Alaska Statutes § 37.14.035 — Trust fund utilization., with citation guidance and answers to common questions.
§ 37.14.035. Trust fund utilization.
(a) The cash principal of the mental health trust fund shall be retained perpetually in the fund for investment by the Alaska Permanent Fund Corporation, as specified in AS 37.13.300 .
(b) The net income of the fund shall be transferred by the corporation to the mental health trust settlement income account at the end of each fiscal year.
(c) The net income of the fund may only be utilized by the Alaska Mental Health Trust Authority for the purposes listed in AS 37.14.041 .
Frequently Asked Questions About Alaska § 37.14.035
What does Alaska Statutes § 37.14.035 cover?
Section 37.14.035 ("Trust fund utilization.") 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 § 37.14.035?
A common citation format is "Alaska Statutes § 37.14.035" (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 § 37.14.035 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.