(a) The Alaska veterans’ memorial endowment fund is established as a separate endowment trust fund of the state. The fund consists of (1) appropriations to the fund; (2) donations to the fund; and (3) income earned on investments of fund assets. (b) The commissioner of revenue shall manage the fund as an endowment, with the […]
In carrying out the investment duties under AS 37.14.700 – 37.14.740, the commissioner of revenue has the powers and duties set out in AS 37.10.071. The commissioner shall provide reports to the adjutant general of the Department of Military and Veterans’ Affairs on the condition and investment performance of the fund.
(a) As soon as practicable after July 1 of each year, the commissioner of revenue shall determine the average month-end market value of the fund for the immediately preceding three fiscal years. The commissioner shall identify five percent of that amount as available for appropriation by the legislature for uses described in (b) of this […]
In AS 37.14.700 – 37.14.740, “fund” means the Alaska veterans’ memorial endowment fund established in AS 37.14.700.
