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Alaska Statutes.

Title 45. Trade and Commerce

Chapter 20. Purchase of Ore

Section 50. Liability of Purchaser to Person Adjudged Owner or Entitled to Possession.

AS 45.20.050. Liability of Purchaser to Person Adjudged Owner or Entitled to Possession.

A purchaser of ore, who receives the notice provided for in this chapter, followed or preceded by the commencement of an action, as set out in this chapter, and who purchases or continues to purchase and receive ore taken from the mine, mining claim, or premises named in the notice, is liable and responsible for the value of it to the person who is ultimately adjudged to be the owner or entitled to the possession of it.

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Last modified 9/3/2005