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Alaska Statutes (Last Updated: January 11, 2017) |
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Title 13. DECEDENTS' ESTATES, GUARDIANSHIPS, TRANSFERS, TRUSTS, AND HEALTH CARE DECISIONS. |
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Chapter 13.26. PROTECTION OF MINORS AND INCAPACITATED PERSONS AND THEIR PROPERTY; POWERS OF ATTORNEY. |
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Article 13.26.04. PROTECTION OF PROPERTY OF PERSONS UNDER DISABILITY AND MINORS. |
Section 13.26.575. Payment of debt and delivery of property to foreign conservator without local proceedings.
Latest version.
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(a) Any person indebted to a protected person, or having possession of property or of an instrument evidencing a debt, stock, or chose in action belonging to a protected person may pay or deliver to a conservator, guardian of the estate, or other like fiduciary appointed by a court of the state of residence of the protected person, upon being presented with proof of the fiduciary's appointment and an affidavit made by the fiduciary or on the fiduciary's behalf stating:
(1) that no protective proceeding relating to the protected person is pending in this state; and
(2) that the foreign conservator is entitled to payment or to receive delivery.
(b) If the person to whom the affidavit is presented is not aware of any protective proceeding pending in this state, payment or delivery in response to the demand and affidavit discharges the debtor or possessor.