Alaska Statutes (Last Updated: January 11, 2017) |
Title 34. PROPERTY. |
Chapter 34.40. FRAUDULENT TRANSFERS, REVOCATIONS, AND TRUSTS. |
Section 34.40.060. Conveyance before accrual of right to execute power of revocation.
Latest version.
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If a conveyance to a purchaser under either AS 34.40.040 or 34.40.050 is made before the person making the conveyance is entitled to execute the power of revocation, it nevertheless is valid from the time the power of revocation actually vests in the person, in the same manner and to the same extent as if then made.
Notes
History
(Sec. 22-4-6 ACLA 1949)