Alaska Administrative Code (Last Updated: January 12, 2017) |
Title 11. Natural Resources. |
Part 11.1. Office of the Commissioner. |
Chapter 11.58. Leasing of Lands. |
Article 11.58.1. Use Limitation By Classification. |
Section 11.58.620. Forfeiture of rental.
Latest version.
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In the event that the lease should be terminated because of any breach by the lessee, as herein provided, the annual rental payment last made by the lessee shall be forfeited and retained by the lessor as partial or total liquidated damages for said breach.
Authorities
38.05.020;38.05.035;38.05.075
Notes
Authority
AS 38.05.020 AS 38.05.035 AS 38.05.075History
Eff. 7/1/60, Register 1; am 8/15/64, Register 17; am 3/20/66, Register 22