Alaska Statutes (Last Updated: January 11, 2017) |
Title 21. INSURANCE. |
Chapter 21.42. THE INSURANCE CONTRACT. |
Article 21.42.01. THE INSURANCE CONTRACT. |
Section 21.42.060. Transfer of interest between joint insureds.
Latest version.
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A transfer of interest by one of the several partners, joint owners, or owners in common, who are jointly insured, to the others, does not avoid an insurance of property even though it has been agreed that the insurance shall cease upon an alienation of the thing insured.
Notes
History
(Sec. 1 ch 120 SLA 1966)