The department shall
(1) oversee and approve the selection of investment managers and advisors for the program;
(2) oversee all aspects of the program's investments and investment performance and decisions regarding the investment of program assets; and
(3) oversee all investment disclosure documents and regulatory filings related to program investments.
Structure Alaska Statutes
Title 6. Banks and Financial Institutions
Chapter 65. Alaska Savings Program for Eligible Individuals
Sec. 06.65.010. Program authorized.
Sec. 06.65.020. General department duties.
Sec. 06.65.030. Modification of program.
Sec. 06.65.040. Additional department powers.
Sec. 06.65.050. Contracting authority; procurement exemption.
Sec. 06.65.060. Investment oversight.
Sec. 06.65.070. Financial contractor obligations.
Sec. 06.65.080. Additional audits.
Sec. 06.65.090. Contract termination; nonrenewal.
Sec. 06.65.100. Eligible individuals.
Sec. 06.65.110. Representative of eligible individual.
Sec. 06.65.120. Program account ownership.
Sec. 06.65.130. Number of program accounts.
Sec. 06.65.140. Program account application.
Sec. 06.65.150. Program account establishment fee.
Sec. 06.65.160. Program account contributions.
Sec. 06.65.170. Limited investment direction.
Sec. 06.65.180. Change of designated beneficiary.
Sec. 06.65.190. Distributions for qualified expenses.
Sec. 06.65.200. Rollover distribution.
Sec. 06.65.220. Preparation and filing.
Sec. 06.65.230. Separate accounting.
Sec. 06.65.250. Use as security.
Sec. 06.65.260. No state obligation.
Sec. 06.65.270. Confidentiality.
Sec. 06.65.280. Exchange of information.
Sec. 06.65.290. Treatment under means test programs.
Sec. 06.65.300. Deposit from permanent fund dividend.
Sec. 06.65.310. Program expense fund.
Sec. 06.65.320. Medicaid claims.
Sec. 06.65.330. Governing law.