The board may employ and determine the salary of an executive director. The executive director may, with the approval of the board, select and employ additional staff as necessary. An employee of the corporation, including the executive director, may not be a member of the board. The executive director and the other employees of the board are in the exempt service under AS 39.25.
Structure Alaska Statutes
Chapter 13. Alaska Permanent Fund and Corporation
Article 1. Alaska Permanent Fund.
Sec. 37.13.010. Alaska permanent fund.
Sec. 37.13.040. Alaska Permanent Fund Corporation.
Sec. 37.13.050. Composition and qualifications of board of trustees.
Sec. 37.13.060. Term of office.
Sec. 37.13.070. Removal and vacancies.
Sec. 37.13.080. Quorum and voting.
Sec. 37.13.090. Compensation of board members.
Sec. 37.13.100. Corporation staff.
Sec. 37.13.110. Conflicts of interest.
Sec. 37.13.120. Investment responsibilities.
Sec. 37.13.145. Disposition of income.
Sec. 37.13.150. Corporation budget.
Sec. 37.13.170. Reports and publications.
Sec. 37.13.180. Tax exemption.
Sec. 37.13.190. Political activities.