Section 11.83.232. Development account and production revenue account - In general.  


Latest version.
  • 	(a)  Unless otherwise specified, a lessee's costs under this chapter are regarded as being incurred on an accrual basis.  
    	(b)  When a lessee incurs costs under this chapter and part or all of those costs are reimbursable to the lessee from one or more third parties, only the unreimbursed portion of those costs of the lessee may be used in calculating that debit.  
    

Authorities

38.05.020;38.05.180

Notes


Authority
AS 38.05.020 AS 38.05.180
History
Eff. 11/9/79, Register 72