Alaska § 43.55.895 - Applicability to municipal entities.
Full text of Alaska Alaska Statutes § 43.55.895 — Applicability to municipal entities., with citation guidance and answers to common questions.
§ 43.55.895. Applicability to municipal entities.
(a) Notwithstanding AS 29.35.670 (a) or other provision of law, a producer that is a municipal entity is subject to taxation and payment of surcharges under this chapter for oil and gas that it sells to another party.
(b) A municipal entity subject to taxation because of this section (1) is eligible for tax credits proportionate to its production taxable under AS 43.55.011 (e); and
(2) shall allocate its lease expenditures in proportion to its production taxable under AS 43.55.011 (e).
(c) In this section, “municipal entity” means a municipality, municipally owned utility, public corporation of a municipality, or entity established by more than one municipality.
Source: official Alaska text · Last verified 2026-08-27
Frequently Asked Questions About Alaska § 43.55.895
What does Alaska Statutes § 43.55.895 cover?
Section 43.55.895 ("Applicability to municipal entities.") 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 § 43.55.895?
A common citation format is "Alaska Statutes § 43.55.895" (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 § 43.55.895 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.