11 Alaska Admin. Code § 83.214

Current through May 31, 2024
Section 11 AAC 83.214 - Net profit payment account

The net profit payment account for a NPSL in any month equals the amount, if any, transferred for that month from the NPSL's development account under 11 AAC 83.212(e). Each amount so transferred is a credit in the net profit payment account. If for a month no transfer is made from the NPSL's development account under 11 AAC 83.212(e), the balance in the NPSL's net profit payment account for that month is zero.

11 AAC 83.214

Eff. 11/9/79, Register 72

Authority:AS 38.05.020

AS 38.05.180