Alaska Statutes 37.14.170 – Investments
Current as of: 2023 | Check for updates
|
Other versions
The commissioner of revenue is the fiduciary of the trust fund and shall invest the fund to provide increasing returns from capital appreciation and net income over long-term periods to the fund’s current beneficiaries. The commissioner may invest the money in the fund on the basis of probable total rate of return to promote the long-term generation of capital appreciation and income. In managing the trust fund, the commissioner shall
Terms Used In Alaska Statutes 37.14.170
- Fiduciary: A trustee, executor, or administrator.