Alaska Statutes 38.50.070 – Valid existing rights
Current as of: 2023 | Check for updates
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Terms Used In Alaska Statutes 38.50.070
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- state: means the State of Alaska unless applied to the different parts of the United States and in the latter case it includes the District of Columbia and the territories. See Alaska Statutes 01.10.060
Conveyances made by the state under this chapter are subject to valid existing rights, including contracts, permits, leases, rights-of-way, and easements. Unless jurisdiction is waived, the appropriate state agency shall continue to administer valid existing rights, and revenue derived from the existing rights continue to accrue to the state until state land is conveyed under Alaska Stat. § 38.50.150.