Alaska Statutes > Title 45 > Chapter 1 > Article 1 – Short Title, Construction, Application, and Subject Matter of Act
Current as of: 2023 | Check for updates
|
Other versions
Terms Used In Alaska Statutes > Title 45 > Chapter 1 > Article 1 - Short Title, Construction, Application, and Subject Matter of Act
- Bankruptcy: Refers to statutes and judicial proceedings involving persons or businesses that cannot pay their debts and seek the assistance of the court in getting a fresh start. Under the protection of the bankruptcy court, debtors may discharge their debts, perhaps by paying a portion of each debt. Bankruptcy judges preside over these proceedings.
- Contract: A legal written agreement that becomes binding when signed.
- Fraud: Intentional deception resulting in injury to another.
- person: includes a corporation, company, partnership, firm, association, organization, business trust, or society, as well as a natural person. See Alaska Statutes 01.10.060
- Uniform Commercial Code: A set of statutes enacted by the various states to provide consistency among the states' commercial laws. It includes negotiable instruments, sales, stock transfers, trust and warehouse receipts, and bills of lading. Source: OCC