Alaska § 45.29.702 - Savings clause.
Full text of Alaska Alaska Statutes § 45.29.702 — Savings clause., with citation guidance and answers to common questions.
§ 45.29.702. Savings clause.
(a) Except as otherwise provided in AS 45.29.702 — 45.29.709, this chapter applies to a transaction or lien within the scope of this chapter, even if the transaction or lien was entered into or created before July 1, 2001.
(b) Except as otherwise provided in AS 45.29.703 — 45.29.709, (1) transactions and liens that were not governed by former AS 45.09 , were validly entered into or created before July 1, 2001, and would be subject to this chapter if they had been entered into or created on or after July 1, 2001, and the rights, duties, and interests flowing from those transactions and liens remain valid on and after July 1, 2001; and
(2) the transactions and liens may be terminated, completed, consummated, and enforced as required or permitted under this chapter or by the law that otherwise would apply if this chapter had not taken effect.
Frequently Asked Questions About Alaska § 45.29.702
What does Alaska Statutes § 45.29.702 cover?
Section 45.29.702 ("Savings clause.") 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 § 45.29.702?
A common citation format is "Alaska Statutes § 45.29.702" (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 § 45.29.702 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.