Section 38.05.215. Notice to co-owners to contribute to cost of annual labor or improvements and forfeiture for failure to contribute.

If one of several co-owners fails to contribute the proportion of the expenditures required for annual labor from the co-owner, the co-owners who have performed the labor or made the improvements may, at the expiration of the annual labor year, give the delinquent co-owner personal notice in writing, or notice by publication in the newspaper published nearest the claim for at least once a week for 90 days.  If at the expiration of 90 days after the service of the notice in writing, or 90 days after the completion of the publication the delinquent fails or refuses to contribute the required proportion of the expenditures, the interest of the delinquent co-owner in the claim is forfeited to the co-owners who have made the expenditures.

Authorities

38.05.210;38.05.220

Notes

Implemented As

11 AAC 86.225

References

11 AAC 86.225
AS 38.05.210 Annual labor.
AS 38.05.220 Recording the notice to contribute and affidavits.

History

(Sec. 47-3-56 ACLA 1949)