Alaska Statutes.
Title 45. Trade and Commerce
Chapter 50. Competitive Practices, Regulation of Competition, and Consumer Protection
Section 825. Right of First Refusal of Surviving Spouse.
previous: Section 820. Obligation of Distributor to Repurchase Upon Termination, Etc., of Agreement.
next: Section 830. Court to Determine Fair Market Value When Parties Cannot Agree.

AS 45.50.825. Right of First Refusal of Surviving Spouse.

Unless provided otherwise by the lease, upon the death of the lessee the lease shall terminate and the surviving spouse shall have the right of first refusal of the new lease if the surviving spouse has been an active participant in the business and is qualified.

All content © 2008 by Touch N' Go/Bright Solutions, Inc.

Note to HTML Version:

This version of the Alaska Statutes is current through December, 2007. 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.