A conveyance or charge of or upon an estate or interest in land containing a provision for the revocation, determination, or alteration of the estate or interest, or a part of it, at the will of the grantor, is void as against subsequent purchasers from the grantor for a valuable consideration of an estate or interest liable to be revoked or determined, although the estate or interest is not expressly revoked, determined, or altered by the grantor by virtue of the power reserved or expressed in a prior conveyance or charge.
Structure Alaska Statutes
Chapter 40. Fraudulent Transfers, Revocations, and Trusts
Sec. 34.40.010. Invalidity generally.
Sec. 34.40.020. Invalidity as against purchasers.
Sec. 34.40.030. Purchasers with notice.
Sec. 34.40.040. Invalidating effect of provision for revocation, determination, or alteration.
Sec. 34.40.050. Conveyance in exercise of power to revoke and reconvey.
Sec. 34.40.060. Conveyance before accrual of right to execute power of revocation.
Sec. 34.40.070. Requirement of writing for grant or assignment of trust.
Sec. 34.40.080. Invalidity against heirs, successors, representatives, or assigns.
Sec. 34.40.090. Fraudulent intent question of fact.
Sec. 34.40.100. When title of purchaser for value not affected.
Sec. 34.40.110. Restricting transfers of trust interests.
Sec. 34.40.113. Discretionary interests in irrevocable trusts.
Sec. 34.40.115. Subjecting appointed property to claims of donee's creditor.
Sec. 34.40.118. Transfers of individual retirement accounts.
Sec. 34.40.120. “Land” and “estate and interest in land” defined.