The proceeds derived from the payment of taxes, fees, and penalties under AS 43.50.010 - 43.50.180, and the license fees received by the department shall be paid into a state fund entitled "School Fund," and shall be used exclusively to rehabilitate, construct, and repair the state's school facilities, and for costs of insurance on buildings comprising school facilities during the rehabilitation, construction, and repair, and for the life of the buildings.
Section: Previous 43.50.070 43.50.080 43.50.090 43.50.100 43.50.105 43.50.110 43.50.120 43.50.130 43.50.140 43.50.145 43.50.150 43.50.160 43.50.170 43.50.180 NextLast modified: November 15, 2016