- Alaska Statutes.
- Title 34. Property
- Chapter 40. Fraudulent Transfers, Revocations, and Trusts
- Section 40. Invalidating Effect of Provision For Revocation, Determination, or Alteration.
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. Purchasers With Notice.
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. Conveyance in Exercise of Power to Revoke and Reconvey.
AS 34.40.040. Invalidating Effect of Provision For Revocation, Determination, or Alteration.
A conveyance or charge of or upon an estate or interest in land containing a provision for the revocation,
determination, or alteration of the estate or interest, or a part of it, at the will of the grantor, is void as against
subsequent purchasers from the grantor for a valuable consideration of an estate or interest liable to be revoked or
determined, although the estate or interest is not expressly revoked, determined, or altered by the grantor by virtue
of the power reserved or expressed in a prior conveyance or charge.
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