Alaska Statutes 21.42.050 – Change of interest on death
Current as of: 2023 | Check for updates
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Terms Used In Alaska Statutes 21.42.050
- 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
- property: includes real and personal property. See Alaska Statutes 01.10.060
A change of interest, by will or succession, on the death of the insured does not avoid an insurance of property and the insurance passes to the person taking an interest in the thing insured.