Section 11.58.590. Rights of security assignee.

Latest version.

If a lease is forfeited or cancelled for cause, the holder of a security assignment approved under AS 38.05.095 and AS 38.05.920 may acquire the lease for its unexpired term, subject to the lease's existing terms and conditions.

Authorities

38.05.020;38.05.035;38.05.075;38.05.095;38.05.920

Notes

Authority
 AS 38.05.020  
AS 38.05.035  
AS 38.05.075  
AS 38.05.095  
AS 38.05.920  
History Eff. 7/1/60, Register 1; am 8/15/64, Register 17; am 3/20/66, Register 22; am 2/8/2001, Register 157

                    
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