# Alaska Stat. § 26.23.050: Financing

> Alaska · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_AK_T26_C26.23_S26.23.050

## Section

- **Citation:** Alaska Stat. § 26.23.050
- **Heading:** Financing
- **Jurisdiction:** Alaska
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** AK Code / Title 26 / Chapter 26.23 / Section 26.23.050

## Text

(a) It is the intent of the legislature, and declared to be the policy of the state, that funds to meet disaster emergencies will always be available.

(b) Whenever, and to the extent that, money is needed to cope with a disaster, the first recourse shall be to money regularly appropriated to state and local agencies. The second recourse shall be to money available in the disaster relief fund or, for oil or hazardous substances discharges, the oil and hazardous substance release prevention and response fund, as the governor determines appropriate. If money available from these sources is insufficient, and if the governor finds that other sources of money to cope with the disaster are not available or are insufficient, the governor may, notwithstanding the limitations imposed by AS 37.07.080 (e), (1) transfer and spend money appropriated for other purposes; or

(2) borrow money for a term not to exceed two years.

(c) Nothing in this section limits the governor's authority to apply for, receive, administer, and spend grants, gifts, or payments from any source, to aid in disaster prevention, preparedness, response, or recovery.

## Nearby sections

- [Alaska Stat. § 26.23.010 Purposes.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T26_C26.23_S26.23.010.md)
- [Alaska Stat. § 26.23.020 The governor and disaster emergencies.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T26_C26.23_S26.23.020.md)
- [Alaska Stat. § 26.23.025 The legislature and disaster emergencies.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T26_C26.23_S26.23.025.md)
- [Alaska Stat. § 26.23.040 Homeland security duties of the Alaska division of homeland security and emergency management.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T26_C26.23_S26.23.040.md)
- [Alaska Stat. § 26.23.045 Response corps; depots.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T26_C26.23_S26.23.045.md)
- [Alaska Stat. § 26.23.050 Financing.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T26_C26.23_S26.23.050.md)
- [Alaska Stat. § 26.23.060 Local and interjurisdictional disaster services.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T26_C26.23_S26.23.060.md)
- [Alaska Stat. § 26.23.070 Establishment of interjurisdictional disaster planning and service areas.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T26_C26.23_S26.23.070.md)
- [Alaska Stat. § 26.23.071 Alaska State Emergency Response Commission.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T26_C26.23_S26.23.071.md)
- [Alaska Stat. § 26.23.073 Emergency planning districts and committees.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T26_C26.23_S26.23.073.md)
- [Alaska Stat. § 26.23.075 Emergency plans.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T26_C26.23_S26.23.075.md)
- [Alaska Stat. § 26.23.077 Plan review; incident command systems.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T26_C26.23_S26.23.077.md)
- [Alaska Stat. § 26.23.080 Federal disaster loans to political subdivisions.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T26_C26.23_S26.23.080.md)
- [Alaska Stat. § 26.23.090 Grants to disaster victims.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T26_C26.23_S26.23.090.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_AK_T26_C26.23_S26.23.050. Check the current official text before relying on it. Not legal advice.