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Alaska Statutes.
Title 47. Welfare, Social Services and Institutions
Chapter 55. Alaska Pioneers' Home and Alaska Veterans' Home
Section 60. Trust Fund.
previous: Section 50. Maintenance Funds.
next: Section 70. Indebtedness of Alaska Pioneers' Home or Alaska Veterans' Home Resident to State.

AS 47.55.060. Trust Fund.

Unless otherwise provided by the donor, money bequeathed to the Alaska Pioneers' Home or the Alaska Veterans' Home constitutes a special trust fund. Unless otherwise provided by the donor, interest from the special trust fund is under the control and at the disposal of the department, and expenditure from it is limited to the benefit and comfort of the residents of the homes.


Note to HTML Version:

This version of the Alaska Statutes is current through December, 2004. The Alaska Statutes were automatically converted to HTML from a plain text format. Every effort has been made to ensure their accuracy, but this can not be guaranteed. If it is critical that the precise terms of the Alaska Statutes be known, it is recommended that more formal sources be consulted. For statutes adopted after the effective date of these statutes, see, Alaska State Legislature If any errors are found, please e-mail Touch N' Go systems at E-mail. We hope you find this information useful.

Last modified 9/3/2005