Alaska Administrative Code
Title 7 - Health and Social Services
Part 3 - Public Assistance and Medical Assistance
Chapter 40 - Adult Public Assistance
7 AAC 40.260 - Resources
Universal Citation: 7 AK Admin Code 7 AAC 40.260
Current through February 27, 2024
(a) In this chapter, "resources" means any real or personal property that an applicant, together with his or her spouse under 7 AAC 40.240, owns and can convert to cash to be used for his or her support and maintenance.
(b) Any cash or other property received from the sale, exchange, or other disposition of a resource retains the character of a resource.
Authority:AS 47.05.010
AS 47.25.430
AS 47.25.435
AS 47.25.460
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