Sec. 42.40.200. Validity of rules.
(a) Failure to mail notice to a person under AS 42.40.180(a) or 42.40.190(a) does not invalidate an action taken by the board. (b) An interested person may challenge a rule adopted by the board by bringing an action in the superior court. In addition to other grounds, a court may declare a change invalid (1) […]
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. 42.40.010. Establishment of the corporation.
There is established the Alaska Railroad Corporation. The corporation is a public corporation and is an instrumentality of the state within the Department of Commerce, Community, and Economic Development. The corporation has a legal existence independent of and separate from the state. The continued operation of the Alaska Railroad by the corporation as provided in […]
Sec. 42.40.020. Board of directors.
(a) The powers of the corporation are vested in the board of directors. The board consists of the commissioner of commerce, community, and economic development, the commissioner of transportation and public facilities, and five members appointed by the governor. The five appointed members must be registered voters in the state except as provided in (1) […]
Sec. 42.40.030. Term of office.
Except for the commissioner of commerce, community, and economic development and the commissioner of transportation and public facilities, members of the board serve for staggered terms of five years each at the pleasure of the governor.
Sec. 42.40.040. Vacancies.
(a) Except for the commissioner of commerce, community, and economic development and the commissioner of transportation and public facilities, a vacancy on the board is filled by appointment by the governor, and the appointment must be confirmed by the members of the legislature in joint session. Except as provided in AS 39.05.080(4), a member appointed […]
Sec. 42.40.050. Compensation and expenses.
(a) An appointed member of the board is entitled to compensation at a rate of $400 for each day the member is engaged in the actual performance of duties as a member of the board. The board may provide by rule for compensation for partial days during which an appointed member is engaged in actual […]
Sec. 42.40.060. Board officers.
(a) The board shall elect from its membership a chairman and vice-chairman and prescribe their duties by rule. (b) The board shall appoint a secretary and prescribe the duties of the secretary.
Sec. 42.40.100. Management by the board.
The board is responsible for the management of the corporation but shall delegate certain powers and duties to the chief executive officer in accordance with AS 42.40.120. In managing the corporation, the board shall (1) be responsible for the management of the financial and legal obligations of the Alaska Railroad; (2) operate the Alaska Railroad […]
Sec. 42.40.110. Executive officers.
(a) The board shall appoint the chief executive officer of the corporation who serves at the pleasure of the board. The board shall fix compensation for the chief executive officer. (b) The chief executive officer of the corporation shall appoint and fix the compensation for other executive officers. The compensation for an executive officer appointed […]