# Alaska Stat. § 34.45.060: Sale at public auction

> Alaska · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_AK_T34_C34.45_S34.45.060

## Section

- **Citation:** Alaska Stat. § 34.45.060
- **Heading:** Sale at public auction
- **Jurisdiction:** Alaska
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** AK Code / Title 34 / Chapter 34.45 / Section 34.45.060

## Text

(a) The peace officer shall sell the property at public auction to the highest bidder in the manner provided for the sale of personal property on execution.

(b) The sale of the property conveys good title superior to all liens, encumbrances, and mortgages, and without right of redemption; but the owner or mortgagee, at any time before the sale, may redeem the property by claiming it and paying all charges of the holder against it and all costs incurred or accrued under AS 34.45.010 — 34.45.080 up to and including the date on which the owner or mortgagee redeems it.

(c) The proceeds from the sale shall be applied in payment, first, of all reasonable costs of sale, inventory and publishing, posting, serving and preparing notices, including the district judge's or magistrate's fees and the fees of the peace officer, and second, of the holder's charges, with interest at the legal rate, against the property.

## Nearby sections

- [Alaska Stat. § 34.45.010 Record of consignee or bailee.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T34_C34.45_S34.45.010.md)
- [Alaska Stat. § 34.45.020 Consignee's or bailee's notice to owner.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T34_C34.45_S34.45.020.md)
- [Alaska Stat. § 34.45.030 Sale.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T34_C34.45_S34.45.030.md)
- [Alaska Stat. § 34.45.040 Presale inventory and notice.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T34_C34.45_S34.45.040.md)
- [Alaska Stat. § 34.45.050 Order of sale.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T34_C34.45_S34.45.050.md)
- [Alaska Stat. § 34.45.060 Sale at public auction.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T34_C34.45_S34.45.060.md)
- [Alaska Stat. § 34.45.070 Proceeds of sale.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T34_C34.45_S34.45.070.md)
- [Alaska Stat. § 34.45.080 Sale of perishable property.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T34_C34.45_S34.45.080.md)
- [Alaska Stat. § 34.45.085 Definition.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T34_C34.45_S34.45.085.md)
- [Alaska Stat. § 34.45.110 General rule for property presumed abandoned.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T34_C34.45_S34.45.110.md)
- [Alaska Stat. § 34.45.120 General rules for taking custody of unclaimed intangible property.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T34_C34.45_S34.45.120.md)
- [Alaska Stat. § 34.45.140 Traveler's checks and money orders.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T34_C34.45_S34.45.140.md)
- [Alaska Stat. § 34.45.150 Checks, drafts, and similar instruments issued or certified by banking and financial organizations.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T34_C34.45_S34.45.150.md)
- [Alaska Stat. § 34.45.160 Bank deposits and money in financial organizations.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T34_C34.45_S34.45.160.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_AK_T34_C34.45_S34.45.060. Check the current official text before relying on it. Not legal advice.