11 Alaska Admin. Code § 58.620

Current through November 28, 2024

Section 11 AAC 58.620 - Forfeiture of rental

In the event that the lease should be terminated because of any breach by the lessee, as herein provided, the annual rental payment last made by the lessee shall be forfeited and retained by the lessor as partial or total liquidated damages for said breach.

11 AAC 58.620

Eff. 7/1/60, Register 1; am 8/15/64, Register 17; am 3/20/66, Register 22

Authority:AS 38.05.020

AS 38.05.035

AS 38.05.075