(a) The Arctic Winter Games Team Alaska trust fund is established as a separate endowment trust of the state consisting of
(1) appropriations to the trust;
(2) donations to the trust; and
(3) income earned on investments of trust assets.
(b) The commissioner of revenue shall manage the trust as an endowment, with the goal of ensuring that the purchasing power of the trust will not diminish over time without regard to additional contributions that may be made to the trust.
(c) Nothing in this section creates a dedicated fund.
Section: 37.14.600 37.14.610 37.14.620 37.14.630 NextLast modified: November 15, 2016