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§ 39-30-430 — Alaska Law | CourtGPT
  1. Home/
  2. Laws/
  3. Alaska/
  4. Title 39 - Public Officers and Employees/
  5. Chapter 30 - Insurance and Supplemental Employee Benefits/
  6. Article 5 - State of Alaska Teachers' and Public Employees' Retiree Health Reimbursement Arrangement Plan.sec. 39.30.310. Purpose and Effective Date/
  7. § 39-30-430
Alaska Legal Code

§ 39-30-430

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(a) The corpus or income of the assets held in trust as required by the plan may not be diverted or used for other than the exclusive benefit of the participants. (b) The assets of the plan may not be used to pay premiums or contributions of the employer under another plan maintained by the employer.