Alaska Statutes Sec. 34.70.090 - Failure to Comply

(a) A transfer that is subject to this chapter is not invalidated solely because a person fails to comply with this chapter.

(b) A person who negligently violates this chapter or fails to perform a duty required by this chapter is liable to the transferee for the amount of the actual damages suffered by the transferee as a result of the violation or failure.

(c) A person who wilfully violates this chapter or fails to perform a duty required by this chapter is liable to the transferee for up to three times the actual damages suffered by the transferee as a result of the violation or failure.

(d) In addition to the damages allowed under (b) or (c) of this section, a court may also award the transferee costs and attorney fees to the extent allowed under the rules of court.

Section: Previous  34.70.010  34.70.020  34.70.030  34.70.040  34.70.050  34.70.060  34.70.070  34.70.080  34.70.090  34.70.110  34.70.120  34.70.200    Next

Last modified: November 15, 2016