Alaska § 45.01.301 - Territorial applicability; parties' power to choose applicable law.
Full text of Alaska Alaska Statutes § 45.01.301 — Territorial applicability; parties' power to choose applicable law., with citation guidance and answers to common questions.
§ 45.01.301. Territorial applicability; parties' power to choose applicable law.
(a) Except as otherwise provided in this section, when a transaction bears a reasonable relation to this state and also to another state or nation, the parties may agree that the law of this state or of the other state or nation shall govern the parties' rights and duties.
(b) In the absence of an agreement effective under (a) of this section, and except as provided in (c) of this section, the code applies to transactions bearing an appropriate relation to this state.
(c) If one of the following provisions of the code specifies the applicable law, that provision governs, and a contrary agreement is effective only to the extent permitted by the applicable law specified by that provision: (1) AS 45.02.402 ;
(2) AS 45.04.102 ;
(3) AS 45.05.116 ;
(4) AS 45.08.110 ;
(5) AS 45.12.105 and 45.12.106;
(6) AS 45.14.507 ;
(7) AS 45.29.301 — 45.29.307.
Source: official Alaska text · Last verified 2026-08-27
Frequently Asked Questions About Alaska § 45.01.301
What does Alaska Statutes § 45.01.301 cover?
Section 45.01.301 ("Territorial applicability; parties' power to choose applicable 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 § 45.01.301?
A common citation format is "Alaska Statutes § 45.01.301" (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 § 45.01.301 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.