Alaska § 37.14.200 - Alaska children's trust established.
Full text of Alaska Alaska Statutes § 37.14.200 — Alaska children's trust established., with citation guidance and answers to common questions.
§ 37.14.200. Alaska children's trust established.
(a) The Alaska children's trust is established as a separate endowment trust of the state.
(b) The trust consists of (1) legislative appropriations to the trust;
(2) donations to the trust; and
(3) income earned on investments of trust assets appropriated by the legislature to the trust.
(c) The commissioner of revenue shall manage the trust as an endowment, with the goal that the purchasing power of the trust will not diminish over time without regard to additional contributions that may be made to the trust. The commissioner shall invest the assets of the trust in a manner likely to yield at least a five percent real rate of return over time. The commissioner may commingle the assets of the trust with other public funds for purposes of investment.
(d) In carrying out the investment duties under AS 37.14.200 — 37.14.270, the commissioner of revenue has the powers and duties set out in AS 37.10.071 . The commissioner shall provide reports to the board on the condition and investment performance of the trust.
(e) As soon as is practicable after July 1 of each year, the commissioner of revenue shall determine the average of the market values of the trust on June 30 for the immediately preceding three fiscal years. The commissioner shall identify five percent of that amount as available for appropriation to the grant account from which the board may award grants under AS 37.14.230 . The commissioner shall also report as available for appropriation a total of amounts previously identified as available for appropriation to the grant account that have not been appropriated.
(f) The legislature may appropriate from the principal of the trust up to $150,000 each year for the administrative expenses of the board relating to AS 37.14.200 — 37.14.270. The legislature may also appropriate from the principal of the trust expenses related to the commissioner of revenue's management of trust assets.
(g) Nothing in this section creates a dedicated fund.
Source: official Alaska text · Last verified 2026-08-27
Frequently Asked Questions About Alaska § 37.14.200
What does Alaska Statutes § 37.14.200 cover?
Section 37.14.200 ("Alaska children's trust established.") 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 § 37.14.200?
A common citation format is "Alaska Statutes § 37.14.200" (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 § 37.14.200 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.