Power cost equalization endowment fund established.

(a) The power cost equalization endowment fund is established as a separate fund of the authority. The fund consists of (1) legislative appropriations to the fund that are not designated for annual expenditure for the purpose of power cost equalization; (2) accumulated earnings of the fund; (3) gifts, bequests, contributions of money and other assets, and federal money given to the fund that are not designated for annual expenditure for power cost equalization; and (4) [Repealed, § 13 ch 60 SLA 2000.] (b) Nothing in this section creates a dedicated fund. (c) [Repealed, § 13 ch 60 SLA 2000.]