2010 Alaska Statutes
Title 30. NAVIGATION, HARBORS, SHIPPING, AND TRANSPORTATION FACILITIES
Chapter 30.30. ABANDONED AND DERELICT VESSELS
Sec. 30.30.070. When public auction not required.
Public auction is not required when the appraised value of an abandoned vessel, as determined by an independent appraiser, is less than 0. The appraiser must have at least one year of experience in the sale, purchase, or appraisal of vessels. Upon that determination and after public advertisement has been made once in a newspaper of general circulation, the department may sell the vessel by negotiation, dispose of it as junk, donate the vessel to a governmental agency, or destroy it.
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