Alaska Statutes Sec. 34.45.270 - Burden of Proof As to Property Evidenced by Record of Check, Draft, or Similar Instrument

A record of the issuance of a check, draft, or similar instrument is prima facie evidence of an obligation. In claiming property from a holder who is also the issuer, the department's burden of proof as to the existence and amount of the property and its abandonment is satisfied by showing issuance of the instrument and passage of the requisite period of abandonment. Defenses of payment, satisfaction, discharge, and want of consideration are affirmative defenses that must be established by the holder.

Section: Previous  34.45.150  34.45.160  34.45.170  34.45.175  34.45.180  34.45.190  34.45.200  34.45.210  34.45.220  34.45.230  34.45.240  34.45.250  34.45.260  34.45.270  

Last modified: November 15, 2016