The court shall conclusively presume that a party who purchases property on which a lien is claimed, within the time allowed for the filing of the lien, is not an innocent purchaser for value and is not a bona fide owner of the property subject to the lien, unless it appears that
(1) the purchaser paid the reasonable value of the property; and
(2) the purchase price for the property is applied to the payment of the bona fide claimants who are entitled to liens upon the property under AS 34.35.320 - 34.35.390.
Structure Alaska Statutes
Article 7. Fish Packers and Processors.
Sec. 34.35.320. Packer's and processor's lien.
Sec. 34.35.335. Extent of lien.
Sec. 34.35.345. Duration of lien.
Sec. 34.35.350. Commissioner of public safety as receiver.
Sec. 34.35.355. Bona fide purchasers.
Sec. 34.35.360. Enforcement against whole or part of property.
Sec. 34.35.365. Property to be sold before judgment.
Sec. 34.35.370. Liability for injuring property or destroying identity.
Sec. 34.35.375. Release upon filing bond.
Sec. 34.35.380. Misdemeanor to remove lien property from state.