Section 3 AAC 194.015 - Disposal of real property from dissolved municipalities(a) Upon approval by the dissolved municipality's voters under 3 AAC 196.020 or by approval of an appropriate village entity under AS 44.33.755(a)(2), the commissioner will, in the commissioner's discretion, convey title to real property of a dissolved municipality to a local entity. A local entity designated in the transition plan for dissolution issued by the Local Boundary Commission under AS 44.33.812 and 3 AAC 110.900 may be (1) a council formed under the provision of 25 U.S.C. 473 a;(2) a council that operates in a community among its residents as a matter of federal law; or(3) an incorporated nonprofit entity qualified to receive and spend an entitlement under AS 29.60.140.(b) The conveyance of real property under (a) of this section is subject to the conditions required by the Local Boundary Commission in the transition plan for dissolution.Eff. 11/26/95, Register 136As of Register 218 (July 2016), the regulations attorney made a technical correction under AS 44.62.125(b)(6), to the authority citation that follows 3 AAC 194.015, so that "AS 44.47.150" now reads "AS 44.33.755." Sections 63 and 84, ch. 58, SLA 1999, repealed former AS 44.47.150 and enacted AS 44.33.755, identical to former AS 44.47.150 except for two technical corrections. Chapter 58, SLA 1999 merged most functions of the former Department of Community and Regional Affairs into what is, as of July 2016, the Department of Commerce, Community, and Economic Development.