Alaska § 45.01.113 - Construction of code to promote its purposes and policies; applicability of supplemental principles of law.
Full text of Alaska Alaska Statutes § 45.01.113 — Construction of code to promote its purposes and policies; applicability of supplemental principles of law., with citation guidance and answers to common questions.
§ 45.01.113. Construction of code to promote its purposes and policies; applicability of supplemental principles of law.
(a) The code shall be liberally construed and applied to promote the code's underlying purposes and policies, which are to (1) simplify, clarify, and modernize the law governing commercial transactions;
(2) permit the continued expansion of commercial practices through custom, usage, and agreement of the parties; and
(3) make uniform the law among the various jurisdictions.
(b) Unless displaced by the particular provisions of the code, the principles of law and equity, including the law merchant and the law relative to capacity to contract, principal and agent, estoppel, fraud, misrepresentation, duress, coercion, mistake, bankruptcy, and other validating or invalidating cause, supplement the code's provisions.
Source: official Alaska text · Last verified 2026-08-27
Frequently Asked Questions About Alaska § 45.01.113
What does Alaska Statutes § 45.01.113 cover?
Section 45.01.113 ("Construction of code to promote its purposes and policies; applicability of supplemental principles of law.") 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 § 45.01.113?
A common citation format is "Alaska Statutes § 45.01.113" (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 § 45.01.113 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.