Alaska § 44.88.070 - Purpose of the authority.
Full text of Alaska Alaska Statutes § 44.88.070 — Purpose of the authority., with citation guidance and answers to common questions.
§ 44.88.070. Purpose of the authority.
The purpose of the authority is to promote, develop, and advance the general prosperity and economic welfare of the people of the state, to relieve problems of unemployment, and to create additional employment by (1) providing various means of financing and means of facilitating the financing, in cooperation with federal, state, and private institutions, of industrial, manufacturing, energy, export, small business, and business enterprises and the other facilities referred to in AS 44.88.010 (a) in the state;
(2) owning and operating or providing development project financing for the enterprises and other facilities described in AS 44.88.172 ;
(3) fostering the expansion of exports of goods, services, and raw materials of the state;
(4) cooperating and acting in conjunction with other organizations, public and private, the objects of which are the promotion and advancement of export trade activities in the state;
(5) establishing a source of funding credit guarantees and insurance, not otherwise available, to support export development;
(6) providing and cooperating or participating with federal, state, and private institutions to provide actual and potential state exporters, particularly small- and medium-sized exporters, with financial assistance in support of export transactions.
Source: official Alaska text · Last verified 2026-08-27
Frequently Asked Questions About Alaska § 44.88.070
What does Alaska Statutes § 44.88.070 cover?
Section 44.88.070 ("Purpose of the authority.") 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 § 44.88.070?
A common citation format is "Alaska Statutes § 44.88.070" (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 § 44.88.070 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.