Alaska § 45.02.616 - Procedure on notice claiming excuse.
Full text of Alaska Alaska Statutes § 45.02.616 — Procedure on notice claiming excuse., with citation guidance and answers to common questions.
§ 45.02.616. Procedure on notice claiming excuse.
(a) If the buyer receives notification of a material or indefinite delay or an allocation justified under AS 45.02.615 , the buyer may by written notification to the seller as to any delivery concerned and if the prospective deficiency substantially impairs the value of the whole contract under the provisions relating to breach of installment contracts, AS 45.02.612 , then also as to the whole, (1) terminate and thereby discharge any unexecuted portion of the contract; or
(2) modify the contract by agreeing to take the buyer's available quota in substitution.
(b) If, after receipt of the notification from the seller, the buyer fails so to modify the contract within a reasonable time not exceeding 30 days, the contract lapses with respect to deliveries affected.
(c) This section may not be negated by agreement except insofar as the seller has assumed a greater obligation under AS 45.02.615 .
Article 7. Remedies.
Source: official Alaska text · Last verified 2026-08-27
Frequently Asked Questions About Alaska § 45.02.616
What does Alaska Statutes § 45.02.616 cover?
Section 45.02.616 ("Procedure on notice claiming excuse.") 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 § 45.02.616?
A common citation format is "Alaska Statutes § 45.02.616" (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 § 45.02.616 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.