Alaska Statutes
Alaska Stat. § 34.45.110 (2026)
General rule for property presumed abandoned
✓ text as last checked Sept. 2026 (this copy records no edition or section history)
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Sec. 34.45.110. General rule for property presumed abandoned.
(a) Except as otherwise provided in AS 34.45.120 — 34.45.780, all intangible property, including income or increment derived from the property, less lawful charges, that is held, issued, or owing in the ordinary course of a holder's business and has remained unclaimed by the owner for more than three years after becoming payable or distributable is presumed abandoned.
(b) Property is payable or distributable for the purposes of AS 34.45.120 — 34.45.780 even if the owner failed to demand the property or to present an instrument or document required to receive payment of the property.
(a) Except as otherwise provided in AS 34.45.120 — 34.45.780, all intangible property, including income or increment derived from the property, less lawful charges, that is held, issued, or owing in the ordinary course of a holder's business and has remained unclaimed by the owner for more than three years after becoming payable or distributable is presumed abandoned.
(b) Property is payable or distributable for the purposes of AS 34.45.120 — 34.45.780 even if the owner failed to demand the property or to present an instrument or document required to receive payment of the property.
Notes of Decisions
Cited in 1
case (1 in the last 5 years), 2024–2024 · leading case: Mousseau v. Crum, 721 F. Supp. 3d 789 (D. Alaska 2024).
Mousseau v. Crum, 721 F. Supp. 3d 789 (D. Alaska 2024). “4 At least 38 states have enacted a version of the uniform law, and all 50 states have some unclaimed property law in place.”
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