- Alaska Statutes.
- Title 37. Public Finance
- Chapter 14. Trust Funds
- Section 39. Trust Settlement Income Account Administration.
previous: Section 36
. Trust Settlement Income Account Established.
next: Section 40
. Fund Utilization. [Repealed, Sec. 13 Ch 48 SLA 1987].
AS 37.14.039. Trust Settlement Income Account Administration.
- (a) The mental health trust settlement income account shall be administered by the Alaska Mental Health Trust Authority.
- (b) If the authority determines that there is a surplus of money in the account above the amount sufficient to meet
current and projected cash expenditure needs of the authority, the surplus shall be invested by the authority as
provided in AS 37.10.071
for the making of investments by the fiduciary of a state fund. Income earned on investments made under this
subsection may be retained by the authority and expended under AS 37.14.041
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