Alaska Statutes Sec. 13.16.635 - Liability of Distributees to Claimants

After assets of an estate have been distributed and subject to AS 13.16.645, an undischarged claim not barred may be prosecuted in a proceeding against one or more distributees. A distributee is not liable to claimants for amounts received as exempt property, homestead or family allowances, or for amounts in excess of the value of a distribution as of the time of distribution. As between distributees, each shall bear the cost of satisfaction of unbarred claims as if the claim had been satisfied in the course of administration. Any distributee who fails to notify other distributees of the demand made upon the distributee by the claimant in sufficient time to permit them to join in any proceeding in which the claim was asserted against the distributee loses the right of contribution against other distributees.

Section: Previous  13.16.620  13.16.625  13.16.630  13.16.635  13.16.640  13.16.645  13.16.650  13.16.655    Next

Last modified: November 15, 2016