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Title 13 . Public Safety
Chapter 70 . Vehicle Registration, Title, and Transfer
Section 240. Duty of insurance company obtaining title to an unrepairable vehicle

13 AAC 70.240. Duty of insurance company obtaining title to an unrepairable vehicle

An insurance company obtaining title to an unrepairable vehicle through the satisfaction of an insurance claim shall mark the word "junk" on the face of the certificate of title and surrender the current title and registration to the department. The vehicle may then be sold by a bill of sale which indicates that the title has been surrendered to the department.

History: Eff. 3/29/78, Register 65

Authority: AS 28.05.011

AS 28.05.041

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Last modified 7/05/2006