Alaska Statutes: AS 09.45.560. Security Taken and Investments Made in Name of Court Clerk.

Alaska Statutes. Title 9. Code of Civil Procedure Chapter 45. Actions Relating to Real Property Section 560. Security Taken and Investments Made in Name of Court Clerk.

previous: Section 550. Investment of Proceeds Belonging to Unknown or Nonresident Owner.
next: Section 570. Security Taken in Names of Parties When Interests Ascertained.

AS 09.45.560. Security Taken and Investments Made in Name of Court Clerk.

When the security for the proceeds of sale is taken or when an investment of any proceeds is made, it shall be done, except as herein otherwise provided, in the name of the clerk of the court, who shall hold the same for the use and benefit of the parties interested, subject to the order of the court.

This version of the Alaska Statutes is current through December, 2022. The Alaska Statutes were automatically converted to HTML from a plain text format. Every effort has been made to ensure their accuracy, but this can not be guaranteed. If it is critical that the precise terms of the Alaska Statutes be known, it is recommended that more formal sources be consulted. For statutes adopted after the effective date of these statutes, see, Alaska State Legislature If any errors are found, please e-mail Touch N' Go systems at E-mail. We hope you find this information useful.