Alaska § 42.45.070 - Power cost equalization endowment fund established.
Full text of Alaska Alaska Statutes § 42.45.070 — Power cost equalization endowment fund established., with citation guidance and answers to common questions.
§ 42.45.070. Power cost equalization endowment fund established.
(a) The power cost equalization endowment fund is established as a separate fund of the authority. The fund consists of (1) legislative appropriations to the fund that are not designated for annual expenditure for the purpose of power cost equalization;
(2) accumulated earnings of the fund;
(3) gifts, bequests, contributions of money and other assets, and federal money given to the fund that are not designated for annual expenditure for power cost equalization; and
(4) [Repealed, § 13 ch 60 SLA 2000.] (b) Nothing in this section creates a dedicated fund.
(c) [Repealed, § 13 ch 60 SLA 2000.]
Frequently Asked Questions About Alaska § 42.45.070
What does Alaska Statutes § 42.45.070 cover?
Section 42.45.070 ("Power cost equalization endowment fund 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 § 42.45.070?
A common citation format is "Alaska Statutes § 42.45.070" (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 § 42.45.070 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.