(a) The board shall adopt regulations under Alaska Stat. Chapter 44.62 (Administrative Procedure Act) consistent with state law and the fiduciary responsibilities imposed by law on members of boards of directors of corporations having trust responsibilities.
Terms Used In Alaska Statutes 44.25.240
Fiduciary: A trustee, executor, or administrator.
person: includes a corporation, company, partnership, firm, association, organization, business trust, or society, as well as a natural person. See Alaska Statutes 01.10.060
Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
state: means the State of Alaska unless applied to the different parts of the United States and in the latter case it includes the District of Columbia and the territories. See Alaska Statutes 01.10.060
(b) The regulations shall address, but are not limited to,
(1) the requirements of Alaska Stat. § 44.25.290(h) and (j);(2) procedures by which an aggrieved person or group who believe they have not received services that should be provided from the trust may apply to the authority for redress;(3) provisions that allow and encourage entities providing trust funded services to integrate those services with other community human services funded by other sources;(4) administrative adjudication procedures, including but not limited to
(A) the acceptance of applications under (3) of this subsection;(B) investigations;(C) hearings; and(D) the issuance of administrative orders, as necessary;(5) provisions that establish a process for long-range planning for expenditures from the mental health trust settlement income account; and(6) criteria for determining the nature and extent of necessary services and related expenses to be funded by the trust.
