(a) Timber property that is unbranded or on which a brand is not distinguishable and that is located in a coastal water, lake, river, creek, or other waterway of the state or on state owned coastline is presumed to be the property of the state. Timber property that is abandoned property as defined in AS 45.50.230(a)(2) is presumed to be the property of the state 90 days after the period of reporting as required in AS 45.50.232 unless an extension has been granted, or 30 days after the period of notice has expired as provided under AS 45.50.234.
(b) Timber property that becomes state property under the provisions of this section may be sold under terms and conditions established by the director of the division of lands.
Structure Alaska Statutes
Chapter 50. Competitive Practices, Regulation of Competition, Consumer Protection
Sec. 45.50.210. Application for registration of distinctive brand.
Sec. 45.50.220. Termination and renewal.
Sec. 45.50.230. Presumption from display.
Sec. 45.50.232. Reporting of lost logs to the department.
Sec. 45.50.234. Publication of notice of intent to claim abandoned property.
Sec. 45.50.235. Ownership of unbranded and abandoned timber property.
Sec. 45.50.237. Extension of period for recovery of timber property.
Sec. 45.50.240. Property rights in brand.
Sec. 45.50.250. Recording brand.
Sec. 45.50.260. Registration upon transfer.
Sec. 45.50.270. Publication of current list of brands.
Sec. 45.50.280. Certified copies of certificate or transfer instrument.
Sec. 45.50.290. Certificate of registration as evidence.
Sec. 45.50.300. Registration as constructive notice.
Sec. 45.50.310. Disposition of fees.
Sec. 45.50.320. Penalties for fraudulent branding or other acts.