# Alaska Stat. § 45.29.109: Scope > Alaska · Statutes · In force URL: https://www.frixlaw.com/law-library/statutes/STATE_AK_T45_C45.29_S45.29.109 ## Section - **Citation:** Alaska Stat. § 45.29.109 - **Heading:** Scope - **Jurisdiction:** Alaska - **Kind:** Statutes - **Status:** In force - **Text as of:** August 14, 2026 - **Source:** Compiled text - **Location:** AK Code / Title 45 / Chapter 45.29 / Section 45.29.109 ## Text (a) Except as otherwise provided in (c) and (d) of this section, this chapter applies to (1) a transaction, regardless of its form, that creates a security interest in personal property or fixtures by contract; (2) an agricultural lien; (3) a sale of accounts, chattel paper, payment intangibles, or promissory notes; (4) a consignment; (5) a security interest arising under AS 45.02.401 , 45.02.505, 45.02.711(c), or AS 45.12.508 (e), as provided in AS 45.29.110 ; and (6) a security interest arising under AS 45.04.210 or AS 45.05.118 . (b) The application of this chapter to a security interest in a secured obligation is not affected by the fact that the obligation is itself secured by a transaction or interest to which this chapter does not apply. (c) This chapter does not apply to the extent that (1) a statute, regulation, or treaty of the United States preempts this chapter; (2) another statute of this state expressly governs the creation, perfection, priority, or enforcement of a security interest created by this state or a governmental unit of this state; (3) a statute of another state, a foreign country, or a governmental unit of another state or a foreign country, other than a statute generally applicable to security interests, expressly governs creation, perfection, priority, or enforcement of a security interest created by the state, country, or governmental unit; or (4) the rights of a transferee beneficiary or nominated person under a letter of credit are independent and superior under AS 45.05.114 . (d) This chapter does not apply to (1) a landlord's lien, other than an agricultural lien; (2) a lien, other than an agricultural lien, given by statute or other rule of law for services or materials, but AS 45.29.333 applies with respect to priority of the lien; (3) an assignment of a claim for wages, salary, or other compensation of an employee; (4) a sale of accounts, chattel paper, payment intangibles, or promissory notes as part of a sale of the business out of which they arose; (5) an assignment of accounts, chattel paper, payment intangibles, or promissory notes that is for the purpose of collection only; (6) an assignment of a right to payment under a contract to an assignee that is also obligated to perform under the contract; (7) an assignment of a single account, payment intangible, or promissory note to an assignee in full or partial satisfaction of a preexisting indebtedness; (8) a transfer of an interest in or an assignment of a claim under a policy of insurance, other than an assignment by or to a health care provider of a health care insurance receivable and any subsequent assignment of the right to payment, but AS 45.29.315 and 45.29.322 apply with respect to proceeds and priorities in proceeds; (9) an assignment of a right represented by a judgment, other than a judgment taken on a right to payment that was collateral; (10) a right of recoupment or setoff, but (A) AS 45.29.340 applies with respect to the effectiveness of rights of recoupment or setoff against deposit accounts; and (B) AS 45.29.404 applies with respect to defenses or claims of an account debtor; (11) the creation or transfer of an interest in or lien on real property, including a lease or rents thereunder, except to the extent that provision is made for (A) liens on real property in AS 45.29.203 and 45.29.308; (B) fixtures in AS 45.29.334 ; (C) fixture filings in AS 45.29.501 , 45.29.502, 45.29.512, 45.29.516, and 45.29.519; and (D) security agreements covering personal and real property in AS 45.29.604 ; (12) an assignment of a claim arising in tort, other than a commercial tort claim, but AS 45.29.315 and 45.29.322 apply with respect to proceeds and priorities in proceeds; (13) an assignment of a deposit account in a consumer transaction, but AS 45.29.315 and 45.29.322 apply with respect to proceeds and priorities in proceeds; or agreements covering personal and real property in AS 45.29.604 ; (12) an assignment of a claim arising in tort, other than a commercial tort claim, but AS 45.29.315 and 45.29.322 apply with respect to proceeds and priorities in proceeds; (13) an assignment of a deposit account in a consumer transaction, but AS 45.29.315 and 45.29.322 apply with respect to proceeds and priorities in proceeds; or (14) notwithstanding (c)(2) of this section, a transfer by a government or governmental subdivision or agency. ## Nearby sections - [Alaska Stat. § 45.29.101 Short title.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T45_C45.29_S45.29.101.md) - [Alaska Stat. § 45.29.102 Definitions.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T45_C45.29_S45.29.102.md) - [Alaska Stat. § 45.29.103 Purchase money security interest; application of payments; burden of establishing.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T45_C45.29_S45.29.103.md) - [Alaska Stat. § 45.29.104 Control of deposit account.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T45_C45.29_S45.29.104.md) - [Alaska Stat. § 45.29.105 Control of electronic chattel paper.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T45_C45.29_S45.29.105.md) - [Alaska Stat. § 45.29.106 Control of investment property.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T45_C45.29_S45.29.106.md) - [Alaska Stat. § 45.29.107 Control of letter-of-credit right.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T45_C45.29_S45.29.107.md) - [Alaska Stat. § 45.29.108 Sufficiency of description.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T45_C45.29_S45.29.108.md) - [Alaska Stat. § 45.29.109 Scope.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T45_C45.29_S45.29.109.md) - [Alaska Stat. § 45.29.110 Security interests arising under AS 45.02 or AS 45.12.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T45_C45.29_S45.29.110.md) - [Alaska Stat. § 45.29.201 General effectiveness of security agreement.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T45_C45.29_S45.29.201.md) - [Alaska Stat. § 45.29.202 Title to collateral immaterial.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T45_C45.29_S45.29.202.md) - [Alaska Stat. § 45.29.203 Attachment and enforceability of security interest; proceeds; supporting obligations; formal requisites.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T45_C45.29_S45.29.203.md) - [Alaska Stat. § 45.29.204 After-acquired property; future advances.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T45_C45.29_S45.29.204.md) --- Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_AK_T45_C45.29_S45.29.109. Check the current official text before relying on it. Not legal advice.