Alaska Statutes Title 45, Chapter 45.01, Article 03 - Territorial Applicability and General Rules
- Sec. 45.01.301 Territorial Applicability; Parties' Power to Choose Applicable Law.
(a) Except as otherwise provided in this section, when a transaction bears a reasonable relation to this state and also to another state or...
- Sec. 45.01.302 Variation by Agreement.
(a) Except as otherwise provided in (b) of this section or elsewhere in the code, the effect of provisions of the code may be...
- Sec. 45.01.303 Course of Performance, Course of Dealing, and Usage of Trade.
(a) A "course of performance" is a sequence of conduct between the parties to a particular transaction that exists if the(1) agreement of the...
- Sec. 45.01.304 Obligation of Good Faith.
Every contract or duty within the code imposes an obligation of good faith in its performance and enforcement.
- Sec. 45.01.305 Remedies to Be Liberally Administered.
(a) The remedies provided by the code must be liberally administered to the end that the aggrieved party may be put in as good...
- Sec. 45.01.306 Waiver or Renunciation of Claim or Right After Breach.
A claim or right arising out of an alleged breach may be discharged in whole or in part without consideration by agreement of the...
- Sec. 45.01.307 Prima Facie Evidence by Third-Party Documents.
A document in due form purporting to be a bill of lading, policy or certificate of insurance, official weigher's or inspector's certificate, consular invoice,...
- Sec. 45.01.308 Performance or Acceptance Under Reservation of Rights.
(a) A party who, with explicit reservation of rights, performs or promises performance or assents to performance in a manner demanded or offered by...
- Sec. 45.01.309 Option to Accelerate At Will.
A term providing that one party or that party's successor in interest may accelerate payment or performance or require collateral or additional collateral "at...
- Sec. 45.01.310 Subordinated Obligations.
An obligation may be issued as subordinated to performance of another obligation of the person obligated, or a creditor may subordinate its right to...
Last modified: November 15, 2016