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- Alaska Statutes.
- Title 13. Decedents' Estates, Guardianships, Transfers, and Trusts.
- Chapter 16. Probate of Wills and Administration
- Section 680. Collection of Personal Property By Affidavit.
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. Procedure For Securing Court Approval of Compromise..
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. Effect of Affidavit.
AS 13.16.680. Collection of Personal Property By Affidavit.
- (a) Thirty days after the death of a decedent, any person indebted to the decedent or having possession of tangible
personal property or an instrument evidencing a debt, obligation, stock, or chose in action belonging to the decedent
shall make payment of the indebtedness or deliver the tangible personal property or an instrument evidencing a debt,
obligation, stock, or chose in action to a person claiming to be the successor of the decedent upon being presented an
affidavit made by or on behalf of the successor stating that
- (1) the value of the entire estate, wherever located, less liens and encumbrances, does not exceed $15,000;
- (2) 30 days have elapsed since the death of the decedent;
- (3) no application or petition for the appointment of a personal representative is pending or has been granted in any
- (4) the claiming successor is entitled to payment or delivery of the property.
- (b) A transfer agent of any security shall change the registered ownership on the books of a corporation from the decedent
to the successor or successors upon the presentation of an affidavit as provided in (a) of this section.
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