- Alaska Statutes.
- Title 37. Public Finance
- Chapter 10. Public Funds
- Section 280. Insurance.
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. Investment Advisory Council.
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. Exemption From Taxation.
AS 37.10.280. Insurance.
The board shall ensure that trusteed assets and its own services are protected. The board may purchase insurance or
provide for self-insurance retention in amounts recommended by the commissioner of revenue and approved by the board to
cover the acts, including fiduciary acts, errors, and omissions of its board members and agents. Insurance must protect
the board and the state from liability to others and from loss of trusteed assets due to the acts or omissions of the
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