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§ 34-35-275 — Alaska Law | CourtGPT
  1. Home/
  2. Laws/
  3. Alaska/
  4. Title 34 - Property/
  5. Chapter 35 - Liens/
  6. Article 6 - Timber and Lumber.sec. 34.35.230. Construction/
  7. § 34-35-275
Alaska Legal Code

§ 34-35-275

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The court shall conclusively presume that a party purchasing the property liened upon within the 60 days given to claimants to record their liens is not an innocent third party and is not a bona fide owner of the property, unless it appears that (1) the purchaser has paid full value for the property; and (2) the purchase money has been applied to the payment of the bona fide claims that are entitled to liens upon the property under AS 34.35.230 - 34.35.315 according to the priorities established in those sections.