Alaska Statutes
Chapter 29. Secured Transactions
Article 6. Default.

Sec. 45.29.601. Rights after default; judicial enforcement; consignor or buyer of accounts, chattel paper, payment intangibles, or promissory notes. - (a) After default, a secured party has the rights provided...

Sec. 45.29.602. Waiver and variance of rights and duties. - Except as otherwise provided in AS 45.29.624, to the extent...

Sec. 45.29.603. Agreement on standards concerning rights and duties. - (a) The parties may determine by agreement the standards measuring...

Sec. 45.29.604. Procedure if security agreement covers real property or fixtures. - (a) If a security agreement covers both personal and real...

Sec. 45.29.605. Unknown debtor or secondary obligor. - A secured party does not owe a duty based on...

Sec. 45.29.606. Time of default for agricultural lien. - For purposes of AS 45.29.601 - 45.29.628, a default occurs...

Sec. 45.29.607. Collection and enforcement by secured party. - (a) If so agreed and, in any event, after default,...

Sec. 45.29.608. Application of proceeds of collection or enforcement; liability for deficiency and right to surplus. - (a) If a security interest or agricultural lien secures payment...

Sec. 45.29.609. Secured party's right to take possession after default. - (a) After default, a secured party (1) may take possession...

Sec. 45.29.610. Disposition of collateral after default. - (a) After default, a secured party may sell, lease, license,...

Sec. 45.29.611. Notification before disposition of collateral. - (a) In this section, “notification date” means the earlier of...

Sec. 45.29.612. Timeliness of notification before disposition of collateral. - (a) Except as otherwise provided in (b) of this section,...

Sec. 45.29.613. General notification before disposition of collateral. - Except in a consumer goods transaction, the following rules apply:...

Sec. 45.29.614. Notification before disposition of collateral in consumer goods transaction. - In a consumer goods transaction, the following rules apply: (1)...

Sec. 45.29.615. Application of proceeds of disposition; liability for deficiency and right to surplus. - (a) A secured party shall apply or pay over for...

Sec. 45.29.616. Explanation of calculation of surplus or deficiency. - (a) In this section, (1) “explanation” means a writing that...

Sec. 45.29.617. Rights of transferee of collateral. - (a) A secured party's disposition of collateral after default (1)...

Sec. 45.29.618. Rights and duties of certain secondary obligors. - (a) A secondary obligor acquires the rights and becomes obligated...

Sec. 45.29.619. Transfer of record or legal title. - (a) In this section, “transfer statement” means a record authenticated...

Sec. 45.29.620. Acceptance of collateral in full or partial satisfaction of obligation; compulsory disposition of collateral. - (a) Except as otherwise provided in (g) of this section,...

Sec. 45.29.621. Notification of proposal to accept collateral. - (a) A secured party who desires to accept collateral in...

Sec. 45.29.622. Effect of acceptance of collateral. - (a) A secured party's acceptance of collateral in full or...

Sec. 45.29.623. Right to redeem collateral. - (a) A debtor, a secondary obligor, or other secured party...

Sec. 45.29.624. Waiver. - (a) A debtor or secondary obligor may waive the right...

Sec. 45.29.625. Remedies for secured party's failure to comply with chapter. - (a) If it is established that a secured party is...

Sec. 45.29.626. Action in which deficiency or surplus is in issue. - (a) In an action arising from a transaction, other than...

Sec. 45.29.627. Determination of whether conduct was commercially reasonable. - (a) The fact that a greater amount could have been...

Sec. 45.29.628. Nonliability and limitation on liability of secured party; liability of secondary obligor. - (a) Unless a secured party knows that a person is...