Alaska § 09.45.480 - Rules for determining value.
Full text of Alaska Alaska Statutes § 09.45.480 — Rules for determining value., with citation guidance and answers to common questions.
§ 09.45.480. Rules for determining value.
(a) The proportion of the proceeds of the sale to be invested under AS 09.45.470 shall be determined as follows: if an estate for life or years be included in the order of sale, its proportion shall be the whole proceeds of the sale of the property, or of the sale of the undivided share in which that estate may be.
(b) In all cases, the proportion of the expenses of the proceeding shall be deducted from the proceeds of the sale.
Frequently Asked Questions About Alaska § 09.45.480
What does Alaska Statutes § 09.45.480 cover?
Section 09.45.480 ("Rules for determining value.") 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 § 09.45.480?
A common citation format is "Alaska Statutes § 09.45.480" (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 § 09.45.480 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.