(a) The Department of Revenue shall separately account for all funds, assets, and revenue of the authority.

Terms Used In Alaska Statutes 19.75.113

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
(b) The deposit or investment of money in the authority’s funds may be made as the board determines. The interest earned on or profits derived from the deposit, investment, or sale of an investment by the authority are funds of the authority.
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