Alaska Stat. § 45.02.205
Current through Chapter 61 of the 2024 Legislative Session and 2024 Executive Orders 125, 133 through 135
An offer by a merchant to buy or sell goods in a signed writing that by its terms gives assurance that it will be held open is not revocable, for lack of consideration, during the time stated or if no time is stated for a reasonable time, but in no event may the period or irrevocability exceed three months. A term of assurance on a form supplied by the offeree must be separately signed by the offeror.
AS 45.02.205