Sec. 42.40.370. Conveyance of land.
(a) Within 90 days after receiving a request under AS 42.40.360(b) the commissioner of natural resources shall by written decision (1) designate the identified land for railroad purposes and, subject to valid existing rights, convey the state’s interests in the land to the corporation; (2) notify the corporation of reasons for refusal to designate the […]
Sec. 42.40.205. Application of AS 42.40.180 and 42.40.190.
Adoption of a rule is not subject to AS 42.40.180 or 42.40.190 if it (1) relates only to the internal management of the corporation; (2) relates to specific rates, tariffs, divisions, and contract rate agreements; (3) relates to service schedules of the railroad; (4) is directed to a specifically named person or to a group […]
Sec. 42.40.380. Use of state land.
When emergency conditions require that track or other right-of-way fixtures of the corporation be moved from the existing location and relocated on state land adjacent to or in the vicinity of the existing right-of-way and the chief executive officer determines that relocation is necessary to maintain safe and adequate rail operations, the corporation may effect […]
Sec. 42.40.210. Previously adopted rules and orders.
The board may provide by resolution that rules and orders in effect on the date of transfer remain in effect until amended or repealed by the board. AS 42.40.180 does not apply to actions taken under this section.
Sec. 42.40.385. Eminent domain.
(a) The corporation may exercise the power of eminent domain under AS 09.55.240 – 09.55.460 to acquire land for railroad transportation purposes consistent with this chapter. Notwithstanding AS 09.55.250, the corporation may acquire a fee simple title whenever, in the judgment of the board, ownership of a fee simple title is necessary to carry out […]
Sec. 42.40.220. Public disclosure of information.
(a) Except as provided under (b) of this section, information in the possession of the corporation is public and is open to public inspection at reasonable times. (b) The corporation may by rule designate and withhold public disclosure of matters of a privileged or proprietary nature. Those matters include personnel records, communications with and work […]
Sec. 42.40.250. General powers.
In addition to the exercise of other powers authorized by law, the corporation may (1) adopt a seal; (2) adopt bylaws governing the business of the corporation; (3) sue and be sued; (4) appoint trustees and agents of the corporation and prescribe their powers and duties; (5) hire legal counsel to represent the corporation; (6) […]
Sec. 42.40.260. Annual report.
(a) Within 90 days following the end of the fiscal year of the Alaska Railroad, the board shall present to the governor a report describing the operations and financial condition of the corporation during the preceding fiscal year. The report may include suggestions for legislation relating to the structure, powers, or duties of the corporation […]
Sec. 42.40.270. Audits.
(a) The board shall have the financial records of the corporation audited annually by an independent certified public accountant experienced in railroad accounting. The board shall have an annual performance audit conducted by a recognized railroad management expert to assure that the railroad is being managed and operated effectively and efficiently in accordance with the […]
Sec. 42.40.280. State oversight reports.
(a) The board shall provide a state oversight report to the governor and the legislature before undertaking (1) expansion, reduction, or diversification of services provided by the railroad upon the date of transfer or as provided under this chapter that the board determines would represent a significant and permanent change in the level and nature […]