Agency for Alaska's mentally ill tests legal limits with $40 million real estate investment – Alaska Dispatch News

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The four trustees who form the majority bloc of the divided, seven-member board say they have legal authority to make the investments based in part on the Alaska Mental Health Enabling Act, passed by U.S. Congress in 1956 — when Alaska was still a U.S. territory. But there’s no publicly available legal opinion supporting their position, and the trust’s board chair, Russ Webb, refused to turn over advice from an attorney that outlines the legal basis for the investments and which might also cite the legal risks.