Unless provided otherwise by the lease, upon the death of the lessee the lease shall terminate and the surviving spouse shall have the right of first refusal of the new lease if the surviving spouse has been an active participant in the business and is qualified.
Structure Alaska Statutes
Chapter 50. Competitive Practices, Regulation of Competition, Consumer Protection
Article 6. Alaska Gasoline Products Leasing Act.
Sec. 45.50.800. Disclosures to be made by distributors and refiners before conclusion of agreement.
Sec. 45.50.820. Obligation of distributor to repurchase upon termination, etc., of agreement.
Sec. 45.50.825. Right of first refusal of surviving spouse.
Sec. 45.50.830. Court to determine fair market value when parties cannot agree.