Section 38.50.070. Valid existing rights.  


Latest version.
  • Conveyances made by the state under this chapter are subject to valid existing rights, including contracts, permits, leases, rights-of-way, and easements. Unless jurisdiction is waived, the appropriate state agency shall continue to administer valid existing rights, and revenue derived from the existing rights continue to accrue to the state until state land is conveyed under AS 38.50.150.

Notes


Recent Bills that will modify this

HB 274 STATE LAND; EXCHANGES; LEASE EXTENSIONS
History

(Sec. 1 ch 240 SLA 1976; am Sec. 9 ch 57 SLA 2016)