(a) Except as provided in (b) of this section, a person eligible to receive a permanent fund dividend may not assign the right to the dividend. An attempted assignment of the right to receive a permanent fund dividend is against public policy and is void.
(b) A person may assign the right to receive a permanent fund dividend to a federal, state, or municipal government agency or to a court.
(c) For purposes of this section, “state agency” includes a regional housing authority created under AS 18.55.996.
Structure Alaska Statutes
Title 43. Revenue and Taxation
Chapter 23. Permanent Fund Dividends
Article 3. Deductions; Claims; Assignments.
Sec. 43.23.130. Contributions from dividends.
Sec. 43.23.140. Exemption of and levy on permanent fund dividends.
Sec. 43.23.150. Claims on reimbursement for court-ordered treatment.
Sec. 43.23.160. Claims of defaulted education loans.
Sec. 43.23.170. Claims on defaulted public assistance overpayment.
Sec. 43.23.180. Claims for amounts owed under the Alaska Employment Security Act.