Alaska Statutes (Last Updated: January 11, 2017) |
Title 30. NAVIGATION, HARBORS, SHIPPING, AND TRANSPORTATION FACILITIES. |
Chapter 30.30. ABANDONED AND DERELICT VESSELS. |
Article 30.30.01. ABANDONED VESSELS. |
Section 30.30.070. When public auction not required.
Latest version.
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Public auction is not required when the appraised value of an abandoned vessel, as determined by an independent appraiser, is less than $100. The appraiser must have at least one year of experience in the sale, purchase, or appraisal of vessels. Upon that determination and after public advertisement has been made once in a newspaper of general circulation, the state agency or municipality may sell the vessel by negotiation, dispose of it as junk, donate the vessel to a governmental agency, or destroy it.
Notes
History
(Sec. 1 ch 131 SLA 1975; am Sec. 8 ch 65 SLA 2013)