The public entities participating in an investment pool under this chapter shall provide for management of investments in the pool by contracting for investment management and related services with

(1) a securities broker-dealer registered under Alaska Stat. § 45.56.300 and under 15 U.S.C. § 78o (Securities Exchange Act of 1934);

Terms Used In Alaska Statutes 37.23.050

  • 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
(2) an investment adviser registered under Alaska Stat. § 45.56.340 or a federal covered investment adviser that has made a notice filing under Alaska Stat. § 45.56.360(c);
(3) the Department of Revenue; or
(4) a financial institution that is a state or federally chartered commercial or mutual bank, savings and loan association, or credit union if the institution’s accounts are insured through the appropriate federal insuring agency of the United States and if the institution has trust powers under state or federal law.