Alaska § 34.08.600 - Escrow of deposits.
Full text of Alaska Alaska Statutes § 34.08.600 — Escrow of deposits., with citation guidance and answers to common questions.
§ 34.08.600. Escrow of deposits.
A deposit made in connection with the purchase or reservation of a unit from a person required to deliver a public offering statement under AS 34.08.520 (c) must be placed in escrow and held either in this state or in the state where the unit is located in an account designated solely for that purpose by a licensed title insurance company, an attorney, a licensed real estate broker, an independent bonded escrow company, or an institution whose accounts are insured by a governmental agency or instrumentality until (1) delivered to the declarant at closing;
(2) delivered to the declarant because of the purchaser's default under a contract to purchase the unit; or
(3) refunded to the purchaser.
Source: official Alaska text · Last verified 2026-08-27
Frequently Asked Questions About Alaska § 34.08.600
What does Alaska Statutes § 34.08.600 cover?
Section 34.08.600 ("Escrow of deposits.") is part of the Alaska Statutes, the codified statutory law of Alaska. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Alaska § 34.08.600?
A common citation format is "Alaska Statutes § 34.08.600" (Alaska). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Alaska law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Alaska official source linked on this page or consult a licensed Alaska attorney.
How does Alaska § 34.08.600 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Alaska can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Alaska.