- Alaska Statutes.
- Title 45. Trade and Commerce
- Chapter 50. Competitive Practices, Regulation of Competition, and Consumer Protection
- Section 235. Ownership of Unbranded and Abandoned Timber Property.
previous: Section 234
. Publication of Notice of Intent to Claim Abandoned Property.
next: Section 237
. Extension of Period For Recovery of Timber Property.
AS 45.50.235. Ownership of Unbranded and Abandoned Timber Property.
- (a) Timber property that is unbranded or on which a brand is not distinguishable and that is located in a coastal water,
lake, river, creek, or other waterway of the state or on state owned coastline is presumed to be the property of the
state. Timber property that is abandoned property as defined in AS 45.50.230
(a)(2) is presumed to be the property of the state 90 days after the period of reporting as required in AS 45.50.232
unless an extension has been granted, or 30 days after the period of notice has expired as provided under AS 45.50.234.
- (b) Timber property that becomes state property under the provisions of this section may be sold under terms and
conditions established by the director of the division of lands.
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