(a) An environmental covenant and an amendment or termination of the environmental covenant must be recorded in every recording district in which any portion of the real property subject to the environmental covenant is located. For purposes of indexing, a holder shall be treated as a grantee.
(b) An owner of land may not record an environmental covenant unless the owner simultaneously records any subordination documentation required under AS 46.04.300(e).
(c) Except as otherwise provided in AS 46.04.325(f), an environmental covenant is subject to state law governing recording and priority of interests in real property.
(d) A holder shall provide a copy of the final recorded environmental covenant, an amendment made to the environmental covenant, termination documentation, and documentation of other matters related to the environmental covenant to the department.
Structure Alaska Statutes
Title 46. Water, Air, Energy, and Environmental Conservation
Chapter 04. Oil and Hazardous Substance Pollution Control
Article 3. Uniform Environmental Covenants Act.
Sec. 46.04.300. Environmental covenant.
Sec. 46.04.305. Contents of environmental covenant.
Sec. 46.04.310. Validity of environmental covenant; effect on other instruments.
Sec. 46.04.315. Notice of environmental covenant.
Sec. 46.04.320. Recording of environmental covenant.
Sec. 46.04.330. Amendment or termination of environmental covenant by consent.
Sec. 46.04.335. Enforcement of environmental covenant.
Sec. 46.04.340. Notice of activity and use limitation.
Sec. 46.04.345. Relationship to other land-use law.