Upon the conveyance of municipal trust land to a city under 3 AAC 190.520, all prerogatives and responsibilities for administration of third-party interests for that land transfer automatically to the city. The commissioner will notify all affected third parties, in writing, to that effect, and will relinquish to the city all records maintained with respect to the third-party interests.
3 AAC 190.540
Authority:AS 44.33.755(c)