# Alaska Stat. § 34.45.110: General rule for property presumed abandoned

> Alaska · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_AK_T34_C34.45_S34.45.110

## Section

- **Citation:** Alaska Stat. § 34.45.110
- **Heading:** General rule for property presumed abandoned
- **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 34.45.110

## Text

(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.

## 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_S34.45.110. Check the current official text before relying on it. Not legal advice.