US Lawyer Database

Sec. 42.45.010. Power project fund.

(a) The power project fund is established as a separate fund. The fund shall be distinct from any other money or funds of the authority and includes only money appropriated by the legislature, proceeds from the sale of loans appropriated by the legislature, and money deposited under (g) of this section. (b) The authority may […]

Sec. 42.45.020. Rural electrification revolving loan fund.

(a) The rural electrification revolving loan fund is established in the authority. The fund consists of (1) appropriations made to the fund; and (2) repayments of principal and interest on loans made under this section. (b) The authority may make loans from the rural electrification revolving loan fund to electric utilities certified under AS 42.05. […]

Sec. 42.45.040. Southeast energy fund.

(a) The Southeast energy fund is established as a separate fund. The fund consists of (1) money appropriated to the fund by the legislature; (2) money transferred to it under former AS 42.45.050; (3) gifts, bequests, contributions from other sources, and federal money; (4) interest earned on the fund balance; and (5) investments, to be […]

Sec. 42.45.065. Reimbursement for costs of power projects.

(a) Subject to appropriations for the purpose, during each fiscal year, the authority shall allocate to each entity listed in (b) of this section an amount to reimburse the cost paid by the entity during the immediately preceding fiscal year for the principal and interest on outstanding debt for the project listed. An allocation may […]