Section 2 AAC 45.080 - Exemptions from financial assistance(a) For purposes of this chapter, "financial assistance" does not include the following: (1) public assistance provided under AS 47;(2) goods or services purchased for the direct administration or operation of state government;(3) moneys advanced to an entity under one or more state loan programs;(4) power cost equalization payments made to an electric cooperative on behalf of its customers;(5) scholarships, loans, or other tuition aid provided to students, but paid to an education institution on their behalf.(b) In addition to the exemptions set out in (a) of this section, for a third party, "financial assistance" does not include goods purchased from the third party for direct administration or operation of the entity that received financial assistance.Eff. 7/1/98, Register 146Authority:AS 37.05.020
AS 37.05.190