Alaska § 38.05.940 - Land purchase price discount for veterans.
Full text of Alaska Alaska Statutes § 38.05.940 — Land purchase price discount for veterans., with citation guidance and answers to common questions.
§ 38.05.940. Land purchase price discount for veterans.
(a) An eligible veteran is entitled to a discount of 25 percent on the purchase price of state land sold under this title and classified under AS 38.05.005 — 38.05.270 for a use other than commercial or industrial use.
(b) To be eligible for a discount under this section, a veteran shall submit proof, as required by regulation, that the veteran (1) is 18 years of age or older on the date of sale;
(2) has been a state resident for a period of not less than one year immediately preceding the date of sale; and
(3) has served (A) in the Alaska Territorial Guard for at least 90 days, unless the service was shortened due to a service connected disability; or
(B) on active duty in the U.S. Armed Forces at least 90 days, unless tenure was shortened due to a service connected disability or due to receiving an early separation upon return from a tour of duty overseas, and has received an honorable discharge or a general discharge under honorable conditions.
(c) A veteran is entitled to only one discount under this section during the veteran's lifetime.
(d) A discount under this section may be applied only to the acquisition of surface rights to state land. A discount under this section may not be applied to survey costs, road development costs, utility assessments, or other costs that the commissioner determines are reimbursable to the state.
(e) A discount under this section may not be used toward the purchase of land offered at a restricted sale under AS 38.05.067 .
Source: official Alaska text · Last verified 2026-08-27
Frequently Asked Questions About Alaska § 38.05.940
What does Alaska Statutes § 38.05.940 cover?
Section 38.05.940 ("Land purchase price discount for veterans.") 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 § 38.05.940?
A common citation format is "Alaska Statutes § 38.05.940" (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 § 38.05.940 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.