(a) There is established in the treasury of the University of Alaska the University of Alaska working capital reserve fund. The fund consists of money appropriated by the legislature for the purpose of providing nonlapsing current working capital for the University of Alaska and is not available for appropriation by the Board of Regents.
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Terms Used In Alaska Statutes 14.40.296

  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
  • board: means the state Board of Education and Early Development. See Alaska Statutes 14.60.010
(b)[Repealed, Sec. 19 ch 6 SLA 1998].
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