Alaska Administrative Code
Title 11 - Natural Resources
Part 6 - Lands
Chapter 64 - Shore Fisheries Leasing
11 AAC 64.370 - Annual rental

Universal Citation: 11 AK Admin Code 11 AAC 64.370
Current through August 30, 2024

Annual rental shall be an approved proportionate share of the cost of administration of the total of the shore fishery development leasing costs, as determined by the director and concurred in by the commissioner. Annual rental shall be paid in advance of April 15, unless otherwise approved by the director, and shall be prorated from the 15th day of the month in which issued to the 15th day of April of the following year. All leases shall stipulate that the annual rental shall be subject to adjustment by the director at five year intervals and such adjustment is to be based on the administration costs involved, and shall in no way reflect the value of the leasehold.

Authority:AS 38.05.020

AS 38.05.082

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