Alaska Statutes (Last Updated: January 11, 2017) |
Title 34. PROPERTY. |
Chapter 34.45. UNCLAIMED PROPERTY. |
Article 34.45.01. CONSIGNEES AND BAILEES. |
Section 34.45.080. Sale of perishable property.
Latest version.
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(a) Property of a perishable nature and subject to decay by keeping, if not taken away within 30 days after it has been left, may be sold by giving 10 days' notice of sale. In that case the notice provided in AS 34.45.040 need not be given.
(b) The sale shall be conducted and the proceeds of the sale shall be applied in the manner provided in AS 34.45.010 - 34.45.080, except that property in a state of decay, or that is plainly subject to immediate decay, may be summarily sold by order of a district judge or magistrate, after inspection of it, as provided in AS 34.45.010 - 34.45.080.
(c) The return of the sale shall be made and the proceeds derived from it shall be applied in the manner provided in AS 34.45.060 and 34.45.070.
Notes
History
(Sec. 22-7-8 ACLA 1949)