(a) Except as provided in (b) of this section, a person eligible to receive a permanent fund dividend may not assign the right to the dividend. An attempted assignment of the right to receive a permanent fund dividend is against public policy and is void.

Terms Used In Alaska Statutes 43.23.200

  • person: includes a corporation, company, partnership, firm, association, organization, business trust, or society, as well as a natural person. 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
(b) A person may assign the right to receive a permanent fund dividend to a federal, state, or municipal government agency or to a court.
(c) For purposes of this section, “state agency” includes a regional housing authority created under Alaska Stat. § 18.55.996.
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