Value. — Alaska Code § 45.01.214
Alaska Code § 45.01.214 — Value.. Reproduced from the official Alaska Statutes, with a citation summary, verification link, and related provisions.
§ 45.01.214. Value.
Except as otherwise provided in AS 45.03 , AS 45.04 , and AS 45.05 , a person gives value for rights if the person acquires them (1) in return for a binding commitment to extend credit or for the extension of immediately available credit, whether or not drawn upon and whether or not a charge-back is provided for in the event of difficulties in collection;
(2) as security for, or in total or partial satisfaction of, a preexisting claim;
(3) by accepting delivery under a preexisting contract for purchase; or
(4) in return for consideration sufficient to support a simple contract.
Source: official Alaska text · Last verified 2026-08-27
At a glance
- Citation: Alaska Statutes § 45.01.214
- Jurisdiction: Alaska
- Code: Alaska Statutes
- Subject: Value.
- Text: transcribed from the official source (verify below)
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Statute text is transcribed from the official Alaska Statutes. Confirm it against the primary source before relying on it:
Not legal advice. Verify against the official source and consult a licensed Alaska attorney.
Common questions
What is the source of Alaska Statutes § 45.01.214?
The text above is transcribed from the Alaska Statutes, the codified statutes of Alaska. The official publisher link appears under "Verify the text" on this page.
What subject does Alaska Statutes § 45.01.214 address?
It addresses "Value.". Read the section together with the surrounding provisions listed under "Nearby provisions" for the full picture.
Is Alaska Statutes § 45.01.214 still in force?
Statutes are amended, repealed, and renumbered every session. Confirm the current version at the official Alaska source before relying on this text.
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