1998 Alaska Statutes
Title 45 TRADE AND COMMERCE
Chapter 45.09. SECURED TRANSACTIONS; SALES OF ACCOUNTS, CONTRACT RIGHTS, AND CHATTEL PAPER
Sec. 45.09.309. Protection of purchasers of instruments, documents, and securities.
Nothing in this chapter limits the rights of a holder in due course of a negotiable instrument (AS 45.03.302 ) or a holder to whom a negotiable document of title has been duly negotiated (AS 45.07.501 ) or a protected purchaser of a security (AS 45.08.303 ), and the holders or purchasers take priority over an earlier security interest even though perfected. Filing under this chapter does not constitute notice of the security interest to the holders or purchasers.
Disclaimer: These codes may not be the most recent version. Alaska may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
