Alaska § 43.82.110 - Qualified sponsor or qualified sponsor group.

Full text of Alaska Alaska Statutes § 43.82.110 — Qualified sponsor or qualified sponsor group., with citation guidance and answers to common questions.

§ 43.82.110. Qualified sponsor or qualified sponsor group.

The commissioner may determine that a person or group is a qualified sponsor or qualified sponsor group if the person or a member of the group        (1) intends to own an equity interest in a qualified project, intends to commit gas that it owns to a qualified project, or holds the permits that the department determines are essential to construct and operate a qualified project; and

 (2) meets one or more of the following criteria:             (A) owns a working interest in at least 10 percent of the stranded gas proposed to be developed by a qualified project;

 (B) has the right to purchase at least 10 percent of the stranded gas proposed to be developed by a qualified project;

 (C) has the right to acquire, control, or market at least 10 percent of the stranded gas proposed to be developed by a qualified project;

 (D) has a net worth equal to at least 10 percent of the estimated cost of constructing a qualified project;

 (E) has an unused line of credit equal to at least 15 percent of the estimated cost of constructing a qualified project.

Source: official Alaska text · Last verified 2026-08-27

Frequently Asked Questions About Alaska § 43.82.110

What does Alaska Statutes § 43.82.110 cover?

Section 43.82.110 ("Qualified sponsor or qualified sponsor group.") 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 § 43.82.110?

A common citation format is "Alaska Statutes § 43.82.110" (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 § 43.82.110 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.