Section 38.05.067. Preference for veterans for unoccupied residential land.

   (a) Except as provided in (d) of this section, before offering to the general public any unoccupied residential land, the director shall offer the land at a restricted sale at which only veterans may buy.
   (b) The director may not sell the land under this section at less than the fair appraised market value.  The director shall adopt regulations necessary to ensure that land sold under this section is for bona fide residential use and not for speculation.
   (c) When not in conflict with this section, other provisions of AS 38.05.045 - 38.05.067 apply to sales under this section.
   (d) This section does not apply to the sale of state land under AS 38.05.057, AS 38.08, or AS 38.09.
   (e) In this section, "veteran" means a person with 90 days or more of active service in the armed forces of the United States who has been honorably discharged or a person with 90 days or more of service in the Alaska Territorial Guard.

Authorities

38.05.940

Notes

Recent Bills that will modify this

HB 327 PERM. FUND DIVIDEND LAND SALE
SB 184 USPHS & NOAA OFFICERS AS VETERANS

Implemented As

11 AAC 67.050

References

11 AAC 67.050
AS 38.05.940 Land purchase price discount for veterans.

History

(Sec. 4 art IV ch 169 SLA 1959; added by ch 102 SLA 1962; am Sec. 1 ch 28 SLA 1963; am Sec. 1 ch 1 SLA 1968; am Sec. 28, 29 ch 85 SLA 1979; am Sec. 35 ch 94 SLA 1980; am Sec. 19, 20 ch 113 SLA 1981; am Sec. 6 ch 103 SLA 1983; am Sec. 16 ch 93 SLA 1991; am Sec. 15 ch 91 SLA 1997)