2021 Alaska Statutes
Title 38. Public Land
Chapter 05. Alaska Land Act
Article 3. Leasing of Land Other Than for the Extraction of Natural Resources.
Sec. 38.05.102. Lessee preference.

Universal Citation: AK Stat § 38.05.102 (2021)

If land within a leasehold created under AS 38.05.070 - 38.05.105 is offered for sale or long-term lease at the termination of the existing leasehold, the director may, upon a finding that it is in the best interest of the state, allow the holder in good standing of that leasehold to purchase or lease the land for its appraised fair market value at the time of the sale or long-term lease.

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