Alaska Statutes 45.56.640 – Securities investor education and training fund
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Terms Used In Alaska Statutes 45.56.640
- state: means a state of the United States, the District of Columbia, Puerto Rico, the United States Virgin Islands, or any territory or insular possession subject to the jurisdiction of the United States. See Alaska Statutes 45.56.900
The securities investor education and training fund is created as a special fund in the general fund to provide funds for the purposes specified in Alaska Stat. § 45.56.600(d). The legislature may appropriate 33 percent of the money received by this state from civil penalties under this chapter into the fund for securities investor education and training. Nothing in this section exempts money deposited into the fund from the requirements of Alaska Stat. Chapter 37.07 (Executive Budget Act) or dedicates money for a specific purpose.