Alaska § 47.10.115 - Permanent fund dividend.
Full text of Alaska Alaska Statutes § 47.10.115 — Permanent fund dividend., with citation guidance and answers to common questions.
§ 47.10.115. Permanent fund dividend.
(a) The department shall annually apply for a permanent fund dividend and retain in trust under AS 43.23.015 (e) for the benefit of the child the dividend and accrued interest on the dividend if the child is in the custody of the department when the application is due.
(b) The department shall distribute the proceeds of a trust under this section (1) to the child when the child (A) has reached 21 years of age; or
(B) is no longer in the custody of the department and has reached at least 18 years of age or is emancipated; or
(2) when ordered to do so by the court in the best interest of the child.
(c) [Repealed, § 14 ch 7 4SSLA 2016.]
Frequently Asked Questions About Alaska § 47.10.115
What does Alaska Statutes § 47.10.115 cover?
Section 47.10.115 ("Permanent fund dividend.") 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 § 47.10.115?
A common citation format is "Alaska Statutes § 47.10.115" (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 § 47.10.115 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.