Alaska Permanent Fund

Alaska Constitution (January 1901)

Alaska. Const. art IX, § 15 - 15
Permanent Link: http://vlex.com/vid/300577

Id. vLex: VLEX-300577

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At least twenty-five per cent of all mineral lease rentals, royalties, royalty sale proceeds, federal mineral revenue sharing payments and bonuses received by the State shall be placed in a permanent fund, the principal of which shall be used only for those income-producing investments specifically designated by law as eligible for permanent fund investments. All income from the permanent fund shall be deposited in the general fund unless otherwise provided by law. [Amended 1976]

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