Alaska Stat. § 09.45.380
This is the official text of Alaska Stat. § 09.45.380, part of Alaska’s Stat — part of the compiled statutory law of Alaska, published by the state as "Stat." Browse the sections below, each linked to its official government source.
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Application of proceeds from sale of encumbered property.
Official statutory text
The proceeds of the sale of the encumbered property shall be applied under the direction of the court as follows: (1) to pay its just proportion of the general cost of the action;
(2) to pay the costs of the reference;
(3) to satisfy the several liens in their order of priority by payment of the sums due and to become due;
(4) the residue among the owners of the property sold according to their respective shares, as found by the court.
(2) to pay the costs of the reference;
(3) to satisfy the several liens in their order of priority by payment of the sums due and to become due;
(4) the residue among the owners of the property sold according to their respective shares, as found by the court.
Status: in_force · Read it on the official government site
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About this page: Statute text is reproduced from official government publishers via the
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