Section 11.71.080. Passage of title.

Latest version.

Except for timber under a valid log-salvage sale license, all right, title, and interest in or to timber or material included in a contract remains with the state until the timber or material has been cut or severed, determined as to volume, removed from the site, and paid for in compliance with contract provisions and applicable laws and regulations. Timber or material which is not removed from the sale or license area by the purchaser or licensee within the period specified by the contract or license or by an extension to the contract or license remains the property of the state.

Authorities

38.05.020;38.05.115

Notes

Reference

11 AAC 71.200

Authority
 AS 38.05.020  
AS 38.05.115  
History Eff. 7/20/60, Register 1; am 6/24/62, Register 5; am 7/2/82, Register 83

                    
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