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.

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