Alaska § 45.88.010 - Fund established.

Full text of Alaska Alaska Statutes § 45.88.010 — Fund established., with citation guidance and answers to common questions.

§ 45.88.010. Fund established.

 (a) There is established in the Department of Commerce, Community, and Economic Development the alternative energy conservation revolving loan fund to carry out the purposes of AS 45.88.010 — 45.88.090. Loans made under AS 45.88.010 — 45.88.090 are to be used        (1) to develop means of energy production utilizing one or more alternative energy systems; and

 (2) to purchase, construct, and install energy conservation improvements in commercial buildings.

 (b) Money in the fund may be used by the legislature to make appropriations for costs of administering AS 45.88.010 — 45.88.090.

 (c) [Repealed, § 38 ch 83 SLA 2010.]  (d) Notwithstanding any other provision in AS 45.88.010 — 45.88.090, a multifuel heating system that uses the combination of wood or fossil fuel for fuel does qualify under this loan fund.

 (e) The alternative energy conservation revolving loan fund consists of        (1) money appropriated to the fund by the legislature;

 (2) gifts, bequests, or contributions from other sources;

 (3) principal and interest payments or other income earned on loans or investments in the fund; and

 (4) money chargeable to principal or interest that is collected through liquidation by foreclosure or other processes on loans made under AS 45.88.010 — 45.88.090.

Frequently Asked Questions About Alaska § 45.88.010

What does Alaska Statutes § 45.88.010 cover?

Section 45.88.010 ("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 § 45.88.010?

A common citation format is "Alaska Statutes § 45.88.010" (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 § 45.88.010 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.