2021 Alaska Statutes
Title 47. Welfare, Social Services, and Institutions
Chapter 55. Alaska Pioneers' Home and Alaska Veterans' Home
Sec. 47.55.060. Trust fund.

Universal Citation: AK Stat § 47.55.060 (2021)

Unless otherwise provided by the donor, money bequeathed to the Alaska Pioneers' Home or the Alaska Veterans' Home constitutes a special trust fund. Unless otherwise provided by the donor, interest from the special trust fund is under the control and at the disposal of the department, and expenditure from it is limited to the benefit and comfort of the residents of the homes.

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