A waiver of exemption executed in favor of an unsecured creditor before levy on an individual's property is unenforceable, but a valid security interest may be given in exempt property.
AS 09.38.105
Waiver of exemption
Known as the Alaska Exemptions Act
The act spans §§ 9–9 (26 sections).
Official source: Alaska State Legislature. Reproduced from public-domain Alaska statutes; confirm against the official source for the current text. Not legal advice.