When a sale is made by a trustee under a deed of trust, as authorized by AS 34.20.070 - 34.20.130, no other or further action or proceeding may be taken nor judgment entered against the maker or the surety or guarantor of the maker, on the obligation secured by the deed of trust for a deficiency.
Structure Alaska Statutes
Chapter 20. Mortgages and Trust Deeds
Sec. 34.20.070. Sale by trustee.
Sec. 34.20.080. Sale at public auction.
Sec. 34.20.090. Title, interest, possessory rights, and redemption.
Sec. 34.20.100. Deficiency judgment prohibited.
Sec. 34.20.110. Trust deeds recorded as mortgages.
Sec. 34.20.115. Procedure for reconveyance.
Sec. 34.20.120. Substitution of trustee.
Sec. 34.20.125. Trustee bond required.
Sec. 34.20.130. Recording assignment, subordination, or waiver.