Alaska Statutes (Last Updated: January 11, 2017) |
Title 28. MOTOR VEHICLES. |
Chapter 28.20. MOTOR VEHICLE SAFETY RESPONSIBILITY ACT. |
Section 28.20.530. Application of deposit.
Latest version.
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The department shall hold the deposit to satisfy, in accordance with this chapter, any execution on a judgment issued against the person making the deposit for damages, including damages for care and loss of services because of bodily injury to or death of any person, or for damages because of injury to or destruction of property, including the loss of use of it, resulting from the ownership, maintenance, use, or operation of a vehicle subject to registration under the laws of this state after the deposit is made. Money or securities deposited are not subject to attachment or execution unless the attachment or execution arises out of a suit for damages specified in this section.
Notes
History
(Sec. 52 ch 163 SLA 1959; am Sec. 17 ch 214 SLA 1975)