A payment by the owner of a building or structure to a prime contractor or subcontractor, made before 120 days from the completion of the building, is not valid to defeat or discharge a lien created by AS 34.35.050 - 34.35.120 in favor of other claimants, unless the payment is distributed among the other claimants. If a payment is distributed in part only, then the payment is valid only to the extent it is distributed.
Structure Alaska Statutes
Article 2. Mechanics and Materialmen.
Sec. 34.35.050. Lien for labor or materials furnished.
Sec. 34.35.055. Land subject to lien.
Sec. 34.35.062. Construction financing.
Sec. 34.35.064. Notice of right to lien.
Sec. 34.35.065. Notice of nonresponsibility.
Sec. 34.35.067. Recording notice of right to lien.
Sec. 34.35.068. Time periods for claiming liens.
Sec. 34.35.070. Claim of lien.
Sec. 34.35.071. Notice of completion.
Sec. 34.35.075. Record and index of claim.
Sec. 34.35.080. Duration of lien.
Sec. 34.35.085. Lien for improving lot or street.
Sec. 34.35.090. Payment to contractor.
Sec. 34.35.095. Amount of lien.
Sec. 34.35.100. Action against contractor on lien.
Sec. 34.35.105. Materials not subject to process.
Sec. 34.35.110. Actions to enforce liens.
Sec. 34.35.112. Payment of claimant's liens.
Sec. 34.35.114. Obligation of claimant and lender to provide information.
Sec. 34.35.115. Persons considered agent of owner.
Sec. 34.35.117. Waiver of lien rights.
Sec. 34.35.119. Waiver of liens on unsold common interest community units.