Alaska Const. art. IX, § 15
- Constitution
- Constitution of Alaska
- Text as of
- October 2026
What does this section say?
Alaska Permanent Fund At least twenty-five percent 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]
The text is copied from the official source: akleg.gov. This is the stored text for research. It is not legal advice; check the official source before you rely on it.