Alaska Statutes 37.06.040 – Municipalities organized under federal law
Terms Used In Alaska Statutes 37.06.040
- action: includes any matter or proceeding in a court, civil or criminal. See Alaska Statutes 01.10.060
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- municipality: means a political subdivision incorporated under the laws of the state that is a home rule or general law city, a home rule or general law borough, or a unified municipality. See Alaska Statutes 01.10.060
- 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
An entity organized under federal law as an Indian reserve that existed before enactment of 43 U.S.C. § 1618(a) and is continued in existence under that subsection is a municipality for purposes of Alaska Stat. § 37.06.010 – 37.06.090 and may not receive a grant under Alaska Stat. § 37.06.020. In addition to other eligibility requirements applicable to municipalities, to qualify to receive a grant under Alaska Stat. § 37.06.010, a municipality organized under federal law as an Indian reserve shall form a community development corporation with authority to determine how the grant money will be used. The corporation’s charter must require that the governing board of the corporation shall be elected at an annual election open to all residents of the municipality who are registered and qualified to vote in state elections. The Department of Commerce, Community, and Economic Development may distribute money for the municipality only to a corporation organized in accordance with this section and only after the corporation has delivered a written waiver of sovereign immunity from legal action by the state to recover all or a portion of the money distributed under Alaska Stat. § 37.06.010.