Alaska Statutes (Last Updated: January 11, 2017) |
Title 34. PROPERTY. |
Chapter 34.20. MORTGAGES AND TRUST DEEDS. |
Article 34.20.02. DEEDS OF TRUST. |
Section 34.20.100. Deficiency judgment prohibited.
Latest version.
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When a sale is made by a trustee under a deed of trust, as authorized by AS 34.20.070 - 34.20.130, no other or further action or proceeding may be taken nor judgment entered against the maker or the surety or guarantor of the maker, on the obligation secured by the deed of trust for a deficiency.
Notes
History
(Sec. 22-5-4 ACLA 1949)