11 AAC 62.160 - Loss of preference rights; outside municipality
An occupant not seaward of a municipal corporation claiming a Class I, Class II, or Class III preference right shall lose same unless said occupant makes application to the director to exercise such preference right within two years from the effective date of these regulations, excepting, however, an occupant of tide or submerged land seaward of a municipal corporation, or any lands which the director may convey to a municipal corporation under these regulations shall not be deprived of his preference right should the municipality fail or refuse to exercise its right to a conveyance within the time prescribed by these regulations, but such preference right shall be extended to said occupant for a period of two years subsequent to the last day said municipality may exercise its preference right.
Notes
Authority:AS 38.05.020
AS 38.05.820
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.