(a) Unless otherwise provided by law, there shall be deposited in the state treasury in trust all contributions collected under Alaska Stat. § 39.30.010 – 39.30.080.

Terms Used In Alaska Statutes 39.30.040

  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • 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 department has power, authority, and jurisdiction over this trust and may perform all acts whether or not specifically designated that are necessary to the administration of this trust.
(c) This trust shall be used and administered exclusively for the purpose of Alaska Stat. § 39.30.010 – 39.30.080. Withdrawals may be made only for

(1) payment of amounts required to be paid to the secretary of the treasury by an agreement entered into under Alaska Stat. § 39.30.010;
(2) payment of the refunds provided for in Alaska Stat. § 39.30.020(c); and
(3) refunds of overpayments, not otherwise adjustable, made by a political subdivision or instrumentality.
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