Alaska Administrative Code
Title 2 - Administration
Chapter 45 - Grant Administration
2 AAC 45.080 - Exemptions from financial assistance
Universal Citation: 2 AK Admin Code 2 AAC 45.080
Current through February 27, 2024
(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.
Authority:AS 37.05.020
AS 37.05.190
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