A record of the issuance of a check, draft, or similar instrument is prima facie evidence of an obligation. In claiming property from a holder who is also the issuer, the department's burden of proof as to the existence and amount of the property and its abandonment is satisfied by showing issuance of the instrument and passage of the requisite period of abandonment. Defenses of payment, satisfaction, discharge, and want of consideration are affirmative defenses that must be established by the holder.
Structure Alaska Statutes
Chapter 45. Unclaimed Property
Sec. 34.45.140. Traveler's checks and money orders.
Sec. 34.45.160. Bank deposits and money in financial organizations.
Sec. 34.45.170. Money owing under life insurance policies.
Sec. 34.45.175. Certain property distributed in insurance company reorganizations.
Sec. 34.45.180. Deposits held by utilities.
Sec. 34.45.190. Refunds held by business associations.
Sec. 34.45.200. Stock and other intangible interests in business associations.
Sec. 34.45.210. Property of business associations held in course of dissolution.
Sec. 34.45.220. Property held by agents and fiduciaries.
Sec. 34.45.230. Property held by courts and public agencies.
Sec. 34.45.240. Gift certificates and credit memos.
Sec. 34.45.260. Contents of safe deposit box or other safekeeping repository.