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Sec. 47.55.050. Maintenance funds.

The legislature shall, each session, appropriate the necessary funds for the maintenance of the Alaska Pioneers’ Home and the Alaska Veterans’ Home to be expended by the department, and the department may receive funds, donations, and bequests from private individuals, societies, or organizations, and funds from the federal government for the support and maintenance of […]

Sec. 47.55.060. Trust fund.

Unless otherwise provided by the donor, money bequeathed to the Alaska Pioneers’ Home or the Alaska Veterans’ Home constitutes a special trust fund. Unless otherwise provided by the donor, interest from the special trust fund is under the control and at the disposal of the department, and expenditure from it is limited to the benefit […]