Where a power to revoke a conveyance of land, or the rents and profits from it, and to reconvey the land or the rents and profits is given to a person other than the grantor in the conveyance, and the person subsequently conveys the land, rents, or profits to a purchaser for a valuable consideration, the subsequent conveyance is valid in the same manner and to the same extent as if the power of revocation were recited in it and the intent to revoke the former conveyance expressly declared.
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.