Alaska Statutes > Title 45 > Chapter 2 > Article 4 – Title, Creditors, and Good Faith Purchasers


§ 45.02.401	Passing of title; reservation for security; limited application of this section
§ 45.02.402	Rights of seller’s creditors against sold goods
§ 45.02.403	Power to transfer; good faith purchase of goods; “entrusting.”

buyer: means a person who buys or contracts to buy goods. See Alaska Statutes 45.02.103
Contract: A legal written agreement that becomes binding when signed.
Contract for sale: includes both a present sale of goods and a contract to sell goods at a future time. See Alaska Statutes 45.02.106
Fraud: Intentional deception resulting in injury to another.
Lien: A claim against real or personal property in satisfaction of a debt.
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
seller: means a person who sells or contracts to sell goods. See Alaska Statutes 45.02.103
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