Alaska § 21.24.070 - Assignment, conveyance of assets or securities.
Full text of Alaska Alaska Statutes § 21.24.070 — Assignment, conveyance of assets or securities., with citation guidance and answers to common questions.
§ 21.24.070. Assignment, conveyance of assets or securities.
All securities not negotiable by delivery and deposited under this title shall be assigned to the director and successors in office. In the case of securities held under custodial arrangements outside this state under AS 21.24.040 (c), the custodian's receipt for the securities shall be delivered, if negotiable, or assigned to the director if thereby legal title to the securities is vested in the director. The insurer shall transfer or convey to the director and successors in office all other assets so deposited. Upon release to the insurer of the asset or security the director shall reassign or transfer or reconvey it to the insurer.
Source: official Alaska text · Last verified 2026-08-27
Frequently Asked Questions About Alaska § 21.24.070
What does Alaska Statutes § 21.24.070 cover?
Section 21.24.070 ("Assignment, conveyance of assets or securities.") 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 § 21.24.070?
A common citation format is "Alaska Statutes § 21.24.070" (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 § 21.24.070 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.