If the grantee is an entity which possesses sovereign immunity, the grantee must agree as a condition of receiving a Corporation grant that the grantee irrevocably waives its sovereign immunity with respect to Corporation enforcement of the grant agreement. The waiver of sovereign immunity must be effected by a resolution of the entity's governing body.

(Eff. 6/11/96, Register 139)

Authority: AS 18.55.100, AS 18.56.088