Alaska § 45.07.116 - Control of electronic document of title.
Full text of Alaska Alaska Statutes § 45.07.116 — Control of electronic document of title., with citation guidance and answers to common questions.
§ 45.07.116. Control of electronic document of title.
(a) A person has control of an electronic document of title if a system employed for evidencing the transfer of interests in the electronic document reliably establishes that person as the person to whom the electronic document was issued or transferred.
(b) A system satisfies (a) of this section, and a person is considered to have control of an electronic document of title, if the document is created, stored, and assigned in a manner by which (1) a single authoritative copy of the document exists that is unique, identifiable, and, except as otherwise provided in (4), (5), and (6) of this subsection, unalterable;
(2) the authoritative copy identifies the person asserting control as (A) the person to whom the document was issued; or
(B) if the authoritative copy indicates that the document has been transferred, the person to whom the document was most recently transferred;
(3) the authoritative copy is communicated to and maintained by the person asserting control or the person's designated custodian;
(4) copies or amendments that add or change an identified assignee of the authoritative copy can be made only with the consent of the person asserting control;
(5) each copy of the authoritative copy and a copy of a copy are readily identifiable as a copy that is not the authoritative copy; and
(6) an amendment of the authoritative copy is readily identifiable as authorized or unauthorized.
Article 2. Warehouse Receipts: Special Provisions.
Source: official Alaska text · Last verified 2026-08-27
Frequently Asked Questions About Alaska § 45.07.116
What does Alaska Statutes § 45.07.116 cover?
Section 45.07.116 ("Control of electronic document of title.") 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 § 45.07.116?
A common citation format is "Alaska Statutes § 45.07.116" (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 § 45.07.116 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.