The court shall conclusively presume that a party purchasing the property liened upon within the 60 days given to claimants to record their liens is not an innocent third party and is not a bona fide owner of the property, unless it appears that
(1) the purchaser has paid full value for the property; and
(2) the purchase money has been applied to the payment of the bona fide claims that are entitled to liens upon the property under AS 34.35.230 - 34.35.315 according to the priorities established in those sections.
Section: Previous 34.35.240 34.35.245 34.35.250 34.35.255 34.35.260 34.35.265 34.35.270 34.35.275 34.35.280 34.35.285 34.35.290 34.35.295 34.35.300 34.35.305 34.35.310 NextLast modified: November 15, 2016