Alaska § 45.08.104 - Acquisition of security or financial asset or interest in security or financial asset.
Full text of Alaska Alaska Statutes § 45.08.104 — Acquisition of security or financial asset or interest in security or financial asset., with citation guidance and answers to common questions.
§ 45.08.104. Acquisition of security or financial asset or interest in security or financial asset.
(a) A person acquires a security or an interest in a security under this chapter if the person (1) is a purchaser to whom a security is delivered under AS 45.08.301 ; or
(2) acquires a security entitlement to the security under AS 45.08.501 .
(b) A person acquires a financial asset other than a security or an interest in a financial asset other than a security, under this chapter if the person acquires a security entitlement to the financial asset.
(c) A person who acquires a security entitlement to a security or other financial asset has the rights specified in AS 45.08.501 — 45.08.511, but is a purchaser of a security, security entitlement, or other financial asset held by the securities intermediary only to the extent provided in AS 45.08.503 .
(d) Unless the context shows that a different meaning is intended, a person who is required by other law, regulation, rule, or agreement to transfer, deliver, present, surrender, exchange, or otherwise put in the possession of another person a security or financial asset satisfies that requirement by causing the other person to acquire an interest in the security or financial asset under (a) or (b) of this section.
Source: official Alaska text · Last verified 2026-08-27
Frequently Asked Questions About Alaska § 45.08.104
What does Alaska Statutes § 45.08.104 cover?
Section 45.08.104 ("Acquisition of security or financial asset or interest in security or financial asset.") 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 § 45.08.104?
A common citation format is "Alaska Statutes § 45.08.104" (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 § 45.08.104 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.