Alaska § 45.35.060 - Application of disclosure requirements upon occurrence of subsequent events.
Full text of Alaska Alaska Statutes § 45.35.060 — Application of disclosure requirements upon occurrence of subsequent events., with citation guidance and answers to common questions.
§ 45.35.060. Application of disclosure requirements upon occurrence of subsequent events.
(a) When a lessor and a consumer replace an existing lease-purchase agreement between the lessor and consumer with a new lease-purchase agreement, the lessor shall make the disclosures required by AS 45.35.010 for the new lease-purchase agreement. In this subsection, “new lease-purchase agreement” does not include (1) the addition of personal property to or the return or substitution of personal property already covered by a lease-purchase agreement that covers more than one item of personal property if the average lease payment allocable to a payment period is not changed by more than 25 percent of the average lease payment before the change;
(2) a deferral or extension of a lease payment or portion of a payment;
(3) a reduction in the amount of the payments or other charges in the lease-purchase agreement; or
(4) a lease-purchase agreement that is the subject of a court action.
(b) The lessor is not required to make the disclosures under AS 45.35.010 when the lessor and the consumer extend the length of a lease-purchase agreement.
Source: official Alaska text · Last verified 2026-08-27
Frequently Asked Questions About Alaska § 45.35.060
What does Alaska Statutes § 45.35.060 cover?
Section 45.35.060 ("Application of disclosure requirements upon occurrence of subsequent events.") 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 § 45.35.060?
A common citation format is "Alaska Statutes § 45.35.060" (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 § 45.35.060 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.