Sec. 34.85.140. Affidavit form and acknowledgment.
(a) An affixation affidavit and a severance affidavit must be acknowledged in the same manner as a conveyance of real property and must be in a form that may be recorded under AS 40.17. (b) The department shall establish by regulation the forms for an affixation affidavit and a severance affidavit.
Sec. 34.85.150. Permanently affixed.
A manufactured home is permanently affixed when it is (1) anchored to real property by attachment to a permanent foundation; (2) constructed in accordance with applicable state and local building codes and manufacturer’s specifications as provided in the Model Manufactured Home Installation Standards of the federal Department of Housing and Urban Development (24 C.F.R. 3285); […]
Sec. 34.85.190. Definitions.
In this chapter, unless the context requires otherwise, (1) “affixation affidavit” means an affixation affidavit under AS 34.85.060; (2) “department” means the Department of Administration; (3) “manufactured home” has the meaning given in AS 45.29.102; (4) “permanently affixed” means when a manufactured home is permanently affixed under AS 34.85.150; (5) “severance affidavit” means a severance […]
Sec. 34.77.090. Community property agreement.
(a) A community property agreement must be contained in a written document signed by both spouses and classify some or all of the property of the spouses as community property. It is enforceable without consideration. (b) A community property agreement must contain the following language in capital letters at the beginning of the agreement: THE […]
Sec. 34.80.090. Definitions.
In this chapter, (1) “depository escrow account” means an account that holds escrow money pending completion of an escrow transaction and that is in a financial institution; (2) “escrow money” means the money that is received by a settlement agent for an escrow transaction; (3) “escrow transaction” means a transaction where, for the purpose of […]
Sec. 34.77.100. Community property trust.
(a) An arrangement is a community property trust if one or both spouses transfer property to a trust, the trust expressly declares that some or all the property transferred is community property under this chapter, and at least one trustee is a qualified person whose powers include or are limited to maintaining records for the […]
Sec. 34.80.095. Short title.
This chapter may be cited as the Good Funds Act.
Sec. 34.77.110. Forms of holding property.
(a) Spouses may hold community property in a form that designates the holders of it by the words “(name of one spouse) or (name of other spouse) as community property.” Community property held in this form is subject to AS 34.77.040(a)(6). (b) Spouses may hold community property in a form that designates the holder of […]
Sec. 34.85.010. Real property characterization.
A manufactured home becomes real property if (1) the home is permanently affixed to land under AS 34.85.150; (2) an affixation affidavit has been recorded under AS 40.17.125; (3) the ownership interests in the manufactured home and in the real property to which the manufactured home is permanently affixed are identical, except as provided by […]
Sec. 34.77.120. Classification of life insurance policies and proceeds.
(a) If a policy issuer makes payments or takes actions in accordance with the policy and the issuer’s records, the issuer is not liable because of the payments or actions unless, at the time of the payments or actions, the issuer had actual knowledge of inconsistent provisions of a community property agreement, a community property […]