Alaska Statutes (Last Updated: January 11, 2017) |
Title 34. PROPERTY. |
Chapter 34.35. LIENS. |
Article 34.35.01. FORECLOSURE. |
Section 34.35.035. Several judgment for each claimant.
Latest version.
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In an action to enforce a lien judgment shall be given in favor of each person having a lien for the amount due the person, and the court shall order property subject to the lien to be sold by the peace officer in the same manner that property is sold on execution, or in any manner that the court considers proper. The proceeds of the sale shall be apportioned to the payment of each judgment pro rata, if the amount is insufficient to pay them in full.
Notes
History
(Sec. 26-9-8 ACLA 1949)