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Home » US Law » 2022 Alaska Statutes » Title 28. Motor Vehicles » Chapter 10. Vehicle Registration, Liens, and Title » Article 5. Filing Documents Evidencing Liens or Encumbrances.

Sec. 28.10.371. Filing documents evidencing liens or encumbrances.

(a) A conditional sales contract, chattel mortgage, or other lien or encumbrance or title retention document on a registered vehicle, other than a lien dependent upon possession, is not valid against a vehicle owner’s creditor who acquires a lien dependent upon possession, or by levy or attachment, or against a subsequent purchaser or encumbrancer without […]

Sec. 28.10.375. Effect of terminal rental adjustment clauses.

Notwithstanding other provisions of law, a transaction involving a motor vehicle or trailer does not create a sale or security interest merely because the transaction provides that the rental price is permitted or required to be adjusted under the agreement either upward or downward by reference to the amount realized upon the sale or other […]

Sec. 28.10.381. Filing a lien or encumbrance.

(a) A lien or other encumbrance on a vehicle may be filed by delivering to the department (1) a manufacturer’s certificate of origin or an existing certificate of title; (2) an application for a new certificate of title, signed by the registered owner and containing the name and address of any lienholder and the date […]

Sec. 28.10.391. Filing and date of notice.

(a) The filing of the application and documents under AS 28.10.381 and the issuance of a new certificate of title are constructive notice of any liens or encumbrances against the vehicle described in the certificate to a creditor of the owner, or to a subsequent purchaser or encumbrancer. However, a mortgage, conditional sale contract, or […]

Sec. 28.10.401. Assignment or release by lienholder.

(a) A person holding a lien or encumbrance upon a vehicle, other than a lien dependent solely upon possession, may assign that person’s title to or interest in the vehicle to a person other than the owner without the consent of the owner and without affecting the interest of the owner or the registration of […]