Alaska § 45.45.740 - Required purchase, reimbursement, and supplies.
Full text of Alaska Alaska Statutes § 45.45.740 — Required purchase, reimbursement, and supplies., with citation guidance and answers to common questions.
§ 45.45.740. Required purchase, reimbursement, and supplies.
(a) In addition to any purchase of merchandise required by AS 45.45.710 , if a distributor terminates a distributorship agreement or makes substantial changes in the competitive situation of the distributor's dealer with regard to distribution of the merchandise or services that are the subject of the distribution agreement, the distributor shall (1) purchase that portion of the dealer's business directly affected by the distributorship agreement or the change, including assets and machinery, at commercially reasonable business valuations; and
(2) reimburse the dealer for the expenses that were necessarily incurred by the dealer (A) for that portion of the dealer's business covered by the distributorship agreement; and
(B) during the 12 months before the termination or change.
(b) In this section, “change” does not include making a price change that affects similarly situated dealers equally.
Source: official Alaska text · Last verified 2026-08-27
Frequently Asked Questions About Alaska § 45.45.740
What does Alaska Statutes § 45.45.740 cover?
Section 45.45.740 ("Required purchase, reimbursement, and supplies.") 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 § 45.45.740?
A common citation format is "Alaska Statutes § 45.45.740" (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 § 45.45.740 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.