If the Board of Regents determines that there is a surplus of money, received in the form of state and federal appropriations, above the amount sufficient to meet current and projected cash expenditure needs of the university, the surplus must be invested as set out in AS 37.10.071. Income earned on investments made under this section may be retained by the university and expended in accordance with AS 37.07 (Executive Budget Act.)
Structure Alaska Statutes
Title 14. Education, Libraries, and Museums
Chapter 40. The University of Alaska and the Community Colleges
Article 3. Property and Funds of the University of Alaska.
Sec. 14.40.250. Regents to act as trustees and administer money or property.
Sec. 14.40.251. Default on tuition, fees, and charges.
Sec. 14.40.253. Financing notice and approval.
Sec. 14.40.254. University revenue bonds.
Sec. 14.40.255. Investment of surplus money.
Sec. 14.40.257. Reimbursement for costs of capital projects.
Sec. 14.40.280. Endowments and donations.
Sec. 14.40.282. Endowment for the physical sciences.
Sec. 14.40.290. Property and funds generally.
Sec. 14.40.291. Land of the University of Alaska not public domain land.
Sec. 14.40.296. Working capital reserve fund.
Sec. 14.40.300. Creation and appointment of comptroller.
Sec. 14.40.325. Reallocation within state appropriations.
Sec. 14.40.330. Inventory of property.
Sec. 14.40.350. Board of Regents authorized to lease land.
Sec. 14.40.365. University land grant.
Sec. 14.40.366. Management requirements for university land.
Sec. 14.40.367. Confidential records relating to university land and interests in land.
Sec. 14.40.380. Assent of legislature to federal land and money grants.
Sec. 14.40.400. Fund for money from sale or lease of land granted by Act of Congress.
Sec. 14.40.410. Federal grants of money to establish agricultural experiment stations.
Sec. 14.40.430. Acceptance of federal appropriation for agricultural extension work.
Sec. 14.40.450. Governor authorized to make certificates to obtain federal grants of money.
Sec. 14.40.453. Confidentiality of research.
Sec. 14.40.458. University corporate interests.