Section 20.40.355. Permissible contributions.  


Latest version.
  • 	(a)  Subject to (b) of this section, a grantee may contribute any of the following to satisfy the contribution requirements of a grant:  
    		(1) cash, other than cash received as a grant from the authority;  
    		(2) real or personal property, including the use of real or personal property;  
    		(3) personal services.  
    	(b)  To qualify as a contribution under (a) of this section, a contribution must be  
    		(1) used for a purpose that is an allowable cost under 20 AAC 40.320;  
    		(2) verifiable from the grantee's records of the grant project; and  
    		(3) in the determination of the authority, necessary and reasonable for proper and efficient accomplishment of the objectives of the grant project.  
    

Authorities

37.14.045;47.30.031;47.30.051;47.30.056

Notes


Reference

20 AAC 40.360
Authority
AS 37.14.045 AS 47.30.031 AS 47.30.051 AS 47.30.056
History
Eff. 10/24/2004, Register 172