Alaska Statutes.
Title 37. Public Finance
Chapter 14. Trust Funds
Section 160. Duties of the Commissioner of Revenue.
previous: Section 150. Contributions.
next: Section 170. Investments.

AS 37.14.160. Duties of the Commissioner of Revenue.

The commissioner of revenue is the treasurer of the trust fund created in AS 37.14.110 and shall

(1) in carrying out investment duties under this section, exercise the same powers and duties established for the Alaska Retirement Management Board in AS 37.10.220 (c);

(2) deposit the principal and income from investments in separate principal and income accounts for the fund;

(3) invest and maintain accounting records that distinguish between the principal and income of the fund;

(4) provide reports to the board established under AS 37.14.120 on the condition and investment performance of the fund.

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