Alaska § 34.45.175 - Certain property distributed in insurance company reorganizations.
Full text of Alaska Alaska Statutes § 34.45.175 — Certain property distributed in insurance company reorganizations., with citation guidance and answers to common questions.
§ 34.45.175. Certain property distributed in insurance company reorganizations.
(a) The following property distributable in the course of a demutualization or related reorganization of an insurance company is considered abandoned two years after the date of demutualization or reorganization as follows: (1) money that remains unclaimed and the owner has not otherwise communicated with the holder or its agent regarding the property as evidenced by a memorandum or other record on file with the holder or its agent;
(2) stock or other equity interest if (A) the instruments or statements reflecting the distribution are either mailed to the owner and returned by the post office as undeliverable, or not mailed to the owner because of an address on the books and records of the holder that is known to be incorrect; and
(B) the owner has not otherwise communicated with the holder or its agent regarding the property as evidenced by a memorandum or other record on file with the holder or agent.
(b) Property that is not subject to (a) of this section is reportable as otherwise provided in AS 34.45.110 — 34.45.780.
Source: official Alaska text · Last verified 2026-08-27
Frequently Asked Questions About Alaska § 34.45.175
What does Alaska Statutes § 34.45.175 cover?
Section 34.45.175 ("Certain property distributed in insurance company reorganizations.") 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 § 34.45.175?
A common citation format is "Alaska Statutes § 34.45.175" (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 § 34.45.175 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.