2006 Alaska Statutes
Title 37 PUBLIC FINANCE
Chapter 37.17. ALASKA BIDCO ASSISTANCE PROGRAM
Sec. 37.17.520. Use of money in Alaska BIDCO fund.

(a) From the money in the Alaska BIDCO fund, the department may make loans or other financial assistance, as authorized under AS 37.17.520 - 37.17.690, to assist in the formation, capitalization, and operation of corporations that are licensed under AS 10.13.

(b) The department may not authorize new financial assistance under AS 37.17.500 - 37.17.690 without the approval of the legislature.

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