Alaska Statutes > Title 44 > Chapter 31 – Department of Labor and Workforce Development


§ 44.31.010	Commissioner of labor and workforce development
§ 44.31.020	Duties of department
§ 44.31.025	Building safety account

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Terms Used In Alaska Statutes > Title 44 > Chapter 31 - Department of Labor and Workforce Development

Amortization: Paying off a loan by regular installments.
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
Bequest: Property gifted by will.
Devise: To gift property by will.
Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. ^{Source: OCC}
Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
state: means the State of Alaska unless applied to the different parts of the United States and in the latter case it includes the District of Columbia and the territories. See Alaska Statutes 01.10.060