- Alaska Statutes.
- Title 45. Trade and Commerce
- Chapter 20. Purchase of Ore
- Section 20. When Purchaser Considered Owner of Ore; Nonliability to Person Subsequently Adjudged Owner.
previous: Section 10
. Certain Claimants in Possession Considered Owner of Ores.
next: Section 30
. Notice to Purchaser By Claimant or Owner Out of Possession; Court Action.
AS 45.20.020. When Purchaser Considered Owner of Ore; Nonliability to Person Subsequently Adjudged Owner.
A person who in good faith and in the usual course of business and without notice, as provided in this chapter,
purchases and obtains delivery of ore from a person in possession of the mines or mining claim from which the ore has
been mined or extracted, shall be considered the owner of the ore except as provided in this chapter; and the purchaser
is not liable to, or subject to an action at law or in equity, for the recovery of the ore or the value of it by a
person who is later adjudged to be the owner of the mine, or mining claim.
All content © 2008 by Touch
N' Go/Bright Solutions, Inc.
Note to HTML Version:
This version of the Alaska Statutes is current through December, 2007. The Alaska Statutes were automatically converted to HTML from a plain text format. Every effort has been made to ensure their accuracy, but this can not be guaranteed. If it is critical that the precise terms of the Alaska Statutes be known, it is recommended that more formal sources be consulted. For statutes adopted after the effective date of these statutes, see, Alaska State Legislature
If any errors are found, please e-mail Touch N' Go systems at E-mail. We
hope you find this information useful.