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Alaska Statutes. Title 13. Decedents' Estates, Guardianships, Transfers, and Trusts. Chapter 16. Probate of Wills and Administration Section 680. Collection of Personal Property By Affidavit. previous: Section 670. Procedure For Securing Court Approval of Compromise..
next: Section 685. Effect of Affidavit.
���(a) Thirty days after the death of a decedent, any person indebted to the decedent or having possession of tangible personal property or an instrument evidencing a debt, obligation, stock, or chose in action belonging to the decedent shall make payment of the indebtedness or deliver the tangible personal property or an instrument evidencing a debt, obligation, stock, or chose in action to a person claiming to be the successor of the decedent upon being presented an affidavit made by or on behalf of the successor stating that
��������(1) the entire estate, wherever located, less liens and encumbrances, consists only of not more than
�������������(A) vehicles subject to registration under AS 28.10.011 with a total value that does not exceed $100,000; and
�������������(B) personal property, other than vehicles described in (A) of this paragraph, that does not exceed $50,000;
��������(2) 30 days have elapsed since the death of the decedent;
��������(3) no application or petition for the appointment of a personal representative is pending or has been granted in any jurisdiction; and
��������(4) the claiming successor is entitled to payment or delivery of the property.
���(b) A transfer agent of any security shall change the registered ownership on the books of a corporation from the decedent to the successor or successors upon the presentation of an affidavit as provided in (a) of this section.