Alaska § 34.35.355 - Bona fide purchasers.
Full text of Alaska Alaska Statutes § 34.35.355 — Bona fide purchasers., with citation guidance and answers to common questions.
§ 34.35.355. Bona fide purchasers.
The court shall conclusively presume that a party who purchases property on which a lien is claimed, within the time allowed for the filing of the lien, is not an innocent purchaser for value and is not a bona fide owner of the property subject to the lien, unless it appears that (1) the purchaser paid the reasonable value of the property; and
(2) the purchase price for the property is applied to the payment of the bona fide claimants who are entitled to liens upon the property under AS 34.35.320 — 34.35.390.
Source: official Alaska text · Last verified 2026-08-27
Frequently Asked Questions About Alaska § 34.35.355
What does Alaska Statutes § 34.35.355 cover?
Section 34.35.355 ("Bona fide purchasers.") 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 § 34.35.355?
A common citation format is "Alaska Statutes § 34.35.355" (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 § 34.35.355 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.