Alaska § 34.45.110 - General rule for property presumed abandoned.
Full text of Alaska Alaska Statutes § 34.45.110 — General rule for property presumed abandoned., with citation guidance and answers to common questions.
§ 34.45.110. General rule for property presumed abandoned.
(a) Except as otherwise provided in AS 34.45.120 — 34.45.780, all intangible property, including income or increment derived from the property, less lawful charges, that is held, issued, or owing in the ordinary course of a holder's business and has remained unclaimed by the owner for more than three years after becoming payable or distributable is presumed abandoned.
(b) Property is payable or distributable for the purposes of AS 34.45.120 — 34.45.780 even if the owner failed to demand the property or to present an instrument or document required to receive payment of the property.
Source: official Alaska text · Last verified 2026-08-27
Frequently Asked Questions About Alaska § 34.45.110
What does Alaska Statutes § 34.45.110 cover?
Section 34.45.110 ("General rule for property presumed abandoned.") 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 § 34.45.110?
A common citation format is "Alaska Statutes § 34.45.110" (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 § 34.45.110 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.