Alaska § 45.12.525 - Lessor's right to possession of goods.
Full text of Alaska Alaska Statutes § 45.12.525 — Lessor's right to possession of goods., with citation guidance and answers to common questions.
§ 45.12.525. Lessor's right to possession of goods.
(a) If a lessor discovers the lessee to be insolvent, the lessor may refuse to deliver the goods.
(b) After a default, by the lessee under the lease contract, of the type described in AS 45.12.523 (a) or (c)(1), or, if agreed, after other default by the lessee, the lessor has the right to take possession of the goods. If the lease contract provides, the lessor may require the lessee to assemble the goods and make them available to the lessor at a place to be designated by the lessor that is reasonably convenient to both parties. Without removal, the lessor may render unusable any goods employed in trade or business, and may dispose of goods on the lessee's premises under AS 45.12.527 .
(c) The lessor may proceed under (b) of this section without judicial process if it can be done without breach of the peace, or the lessor may proceed by action.
Source: official Alaska text · Last verified 2026-08-27
Frequently Asked Questions About Alaska § 45.12.525
What does Alaska Statutes § 45.12.525 cover?
Section 45.12.525 ("Lessor's right to possession of goods.") 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 § 45.12.525?
A common citation format is "Alaska Statutes § 45.12.525" (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 § 45.12.525 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.