Section 38.95.200. Real property subject to escheat.

Latest version.

   (a) Real property in an intestate estate for which no taker can be found and real property devised by will for which no devisee, heir, or other claimant can be found escheats to the state.
   (b) Real property of a defunct organization or corporation, for which no proceeding for distribution has been instituted within four years after the organization becomes defunct, escheats to the state.

Authorities

13.12.105;13.16.600;38.95.270

Notes

References

11 AAC 69.900
AS 13.12.105 No taker.
AS 13.16.600 Disposition of unclaimed assets.
AS 38.95.270 Definition.

History

(Sec. 12 ch 133 SLA 1986)

                    
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