Alaska Statutes: AS 37.10.078. Prohibited Deposits and Investments in Certain Banks.

Alaska Statutes. Title 37. Public Finance Chapter 10. Public Funds Section 78. Prohibited Deposits and Investments in Certain Banks.

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AS 37.10.078. Prohibited Deposits and Investments in Certain Banks.

The commissioner of revenue may not make investments or deposits with a bank doing business in Alaska that has a general practice of

(1) charging a fee for handling disbursements issued by the state; or
(2) refusing to handle disbursements issued by the state.

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