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- Alaska Statutes.
- Title 37. Public Finance
- Chapter 25. Appropriations
- Section 50. Methods of Disbursement.
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Section 40. [Renumbered as AS
37.05.530
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Chapter 30. Local Government Bonding
AS 37.25.050. Methods of Disbursement.
- (a) Except as provided in (b) of this section, unless federal law requires otherwise, a state agency may not disburse
money unless the disbursement is made
- (1) by an electronic funds transfer to an account in a financial institution; or
- (2) from an account established by the state agency by contract with a financial institution under which a person uses an
electronic payment card issued by the financial institution to access the money.
- (b) A state agency is not required to use the disbursement methods described in (a) of the section if
- (1) another state law or federal law requires that disbursement be made by another disbursement method;
- (2) use of the disbursement methods would cause substantial hardship to the recipient of the disbursement;
- (3) not more than five disbursements will be made to a recipient, or, on average, to each recipient entitled to
disbursement under the program for which the disbursements are made;
- (4) a vendor or grantee elects not to be paid by the disbursement methods;
- (5) the disbursement is to a state employee and
- (A) is the only disbursement that the state agency will make to the employee for the employment; or
- (B) it is in the best interests of the state agency or the employee to use another disbursement method to pay the
employee; or
- (6) use of another disbursement method is in the best interests of the state agency.
- (c) The commissioner of administration shall adopt regulations to implement (b) of this section.
- (d) A state agency is not liable to pay a fee imposed by a recipient's financial institution for a disbursement made under
(a) of this section.
- (e) In this section,
- (1) "disbursement" includes wages and other employment benefits;
- (2) "state agency" means a department, institution, board, commission, division, authority, public corporation, committee,
or other administrative unit of the executive branch of state government, including the University of Alaska.
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