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(r) Cash on hand or in an account is an exempt resource if it was received as
(1) an educational, personal, commercial, or other loan for which the borrower has an obligation, and expresses an intent, to repay;
(2) federal major disaster and emergency assistance under 42 U.S.C. 5121 — 5206 (Disaster Relief Act of 1974), and comparable disaster assistance provided by the state, a local government, or a disaster assistance organization;
(3) a restitution payment made to Aleuts or individuals of Japanese ancestry under 50 U.S.C. App. 1989 — 1989d; or
(4) income earned from participation in a youth activity operated under 29 U.S.C. 2854 (sec. 129 of the Workforce Investment Act of 1998). (s) Compensation paid under AS 18.67 or a similar program established by another state or by the federal government to aid a victim of a violent crime is an exempt resource. (t) Money held in a publicly or privately funded individual development account that meets the requirements of 42 U.S.C. 604(h) (sec. 404(h) of the Social Security Act), including interest earned and left to accumulate in that account is an exempt resource. (u) In this section
(1) “burial plot” includes
(A) a parcel of ground located in a cemetery and suitable for the burial of one person;
(B) a vault in a mausoleum;
(C) a one-person mausoleum or crypt;
(D) a niche in a columbarium or a cinerarium; and
(E) any markers and maintenance that are conveyed as a natural benefit of ownership;
(2) “funeral agreement” means a legally binding written agreement between a member of an assistance unit and a provider of funeral, burial, or cremation services and goods that provides for prepayment of services upon death; “funeral agreement” includes agreements called “burial contracts” or burial or funeral “trusts”;
(3) “residence” means a structure permanently affixed to or situated on land; “residence” includes a mobile home, motor home, travel trailer, and companion structures such as a garage, tool shed, outhouse, or lean-to. (Eff. 8/5/92, Register 123; am 7/1/97, Register 142; am 10/1/97, Register 143; am 10/1/2001, Register 159; am 1/7/2005, Register 173)