Made available by Touch N' Go Systems, Inc., and the
Law Offices of James B. Gottstein.

You can also go to The Alaska Legal Resource Center or search the entire website search.

Touch N' Go, the DeskTop In-and-Out Board makes your office run smoother. Visit Touch N' Go's Website to see how.
Title 3 . Commerce, Community, and Economic Development
Chapter 107 . Financial and Technical Assistance for Energy Systems, Facilities, and Equipment
Section 370. Insufficient money

3 AAC 107.370. Insufficient money

If the amount of money in the fund is not sufficient to initially award grants for all the ranked applications as provided in 3 AAC 107.340(d) , the authority shall notify the successful applicants for whom there is insufficient money in the fund to award grants. The notice must include a statement that the applicant's application was ranked but that there was insufficient money in the fund to award the grant. The notice also must inform the successful applicant that (1) if additional money becomes available in the fund in the same fiscal year, the authority, to the extent of that additional available money, will award grants to the remaining successful applicants in the order in which their applications were ranked; and (2) if the applicant does not receive a grant in the fiscal year for which the applicant applied, the applicant must resubmit its application within the time required for the following fiscal year to be considered for a grant in that period. If additional money becomes available in the fund, the authority shall award additional grants as described in the notice. The authority may award a grant to an applicant in an amount less than the amount requested by the applicant if there is insufficient money in the fund to award the full amount requested and if the purposes of the grant can be carried out with less than the full amount requested.

History: Eff. 6/29/94, Register 131; am 11/25/94, Register 132

Authority: AS 42.45.100

AS 42.45.180

AS 44.83.080

Note to HTML Version:

The Alaska Administrative Code was automatically converted to HTML from a plain text format. Every effort has been made to ensure its accuracy, but neither Touch N' Go Systems nor the Law Offices of James B. Gottstein can be held responsible for any possible errors. This version of the Alaska Administrative Code is current through June, 2006.

If it is critical that the precise terms of the Alaska Administrative Code be known, it is recommended that more formal sources be consulted. Recent editions of the Alaska Administrative Journal may be obtained from the Alaska Lieutenant Governor's Office on the world wide web. If any errors are found, please e-mail Touch N' Go systems at E-mail. We hope you find this information useful. Copyright 2006. Touch N' Go Systems, Inc. All Rights Reserved.

Last modified 7/05/2006