Sec. 40.21.040. Gifts, bequests, or endowments of money.

AK Stat § 40.21.040 (2019) (N/A)
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Gifts, bequests, or endowments of money shall be deposited in a separate account in the general fund and may be invested in a manner not inconsistent with the investment of other state funds. Proceeds of invested funds shall be used to carry out the purposes for which the money was given.