(a) The mental health trust settlement income account is established as a separate account of the Alaska Mental Health Trust Authority. The mental health trust settlement income account consists of

Terms Used In Alaska Statutes 37.14.036

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • 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.
(1) fees, charges, income earned on assets, and other money received by the trust that is not attributable to the principal of the trust under Alaska Stat. § 37.14.031(d); and
(2) money deposited in the account in accordance with appropriations or allocations made by law.
(b) The authority may establish subaccounts within the mental health trust settlement income account.
(c)[Repealed, Sec. 39 ch 5 FSSLA 1994].
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