Alaska § 45.66.120 - Actions for claims against escrow account.
Full text of Alaska Alaska Statutes § 45.66.120 — Actions for claims against escrow account., with citation guidance and answers to common questions.
§ 45.66.120. Actions for claims against escrow account.
(a) A buyer who has a claim against an escrow account required by AS 45.66.100 may bring a civil action against the seller or escrow account holder to recover money from the escrow account.
(b) Upon the filing of an action brought under this section, the clerk of the court shall mail a copy of the complaint to the attorney general and, upon entry of an order or judgment in the action, shall mail a copy of the order or judgment to the attorney general.
(c) A person may not begin an action under this section more than two years after the person discovers or reasonably should have discovered the basis for the claim.
(d) The escrow account holder is not liable for the amount by which claims or damages caused by the seller exceed the amount of the escrow account.
Source: official Alaska text · Last verified 2026-08-27
Frequently Asked Questions About Alaska § 45.66.120
What does Alaska Statutes § 45.66.120 cover?
Section 45.66.120 ("Actions for claims against escrow account.") 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 § 45.66.120?
A common citation format is "Alaska Statutes § 45.66.120" (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 § 45.66.120 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.