The in-state natural gas pipeline fund is established in the corporation and consists of money appropriated to it. The corporation shall determine fund management and may contract with the Department of Revenue for fund management. Unless otherwise provided by law, money appropriated to the fund lapses into the general fund on the day this section is repealed. Interest and other income received on money in the fund shall be separately accounted for and may be appropriated to the fund. The corporation may use money appropriated to the fund without further appropriation for the cost of managing the fund and for the planning, financing, development, acquisition, maintenance, construction, and operation of the in-state natural gas pipeline described in AS 31.25.005(4) and for the purposes in AS 31.25.005(4), (6), and (7).
Structure Alaska Statutes
Chapter 25. Alaska Gasline Development Corporation
Article 1. Organization, Administration, and Powers.
Sec. 31.25.007. Expedited review and action by state agencies or entities.
Sec. 31.25.020. Governing body.
Sec. 31.25.030. Meetings of board.
Sec. 31.25.035. Minutes of meetings.
Sec. 31.25.040. Administration of affairs; program directors.
Sec. 31.25.045. Executive director.
Sec. 31.25.050. Legal counsel.
Sec. 31.25.060. Employment of personnel.
Sec. 31.25.065. Personnel exempt from State Personnel Act.
Sec. 31.25.080. Powers and duties.
Sec. 31.25.090. Confidentiality; interagency cooperation.
Sec. 31.25.100. In-state natural gas pipeline fund.
Sec. 31.25.110. Alaska liquefied natural gas project fund.
Sec. 31.25.120. Creation of subsidiaries.