Alaska § 39.30.430 - Exclusive benefit.
Full text of Alaska Alaska Statutes § 39.30.430 — Exclusive benefit., with citation guidance and answers to common questions.
§ 39.30.430. Exclusive benefit.
(a) The corpus or income of the assets held in trust as required by the plan may not be diverted or used for other than the exclusive benefit of the participants.
(b) The assets of the plan may not be used to pay premiums or contributions of the employer under another plan maintained by the employer.
Frequently Asked Questions About Alaska § 39.30.430
What does Alaska Statutes § 39.30.430 cover?
Section 39.30.430 ("Exclusive benefit.") 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 § 39.30.430?
A common citation format is "Alaska Statutes § 39.30.430" (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 § 39.30.430 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.