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AS 19.75.113

Assets, funds, and revenue of the authority

Known as the Knik Arm Bridge and Toll Authority Act

The act spans §§ 19–19 (24 sections).

(a) The Department of Revenue shall separately account for all funds, assets, and revenue of the authority.

(b) The deposit or investment of money in the authority's funds may be made as the board determines. The interest earned on or profits derived from the deposit, investment, or sale of an investment by the authority are funds of the authority.

Official source: Alaska State Legislature. Reproduced from public-domain Alaska statutes; confirm against the official source for the current text. Not legal advice.