If the consent is not given under AS 09.45.460, before the report of sale, the court shall determine what proportion of the proceeds of the sale, after deducting expenses, is a just and reasonable sum to be invested for the benefit of the person entitled to the estate for life or years, and shall order the sum to be deposited in court for investment.
AS 09.45.470
Determination of value of estate for life or years sold without consent
Known as the Earthslide Relief Act
The act spans §§ 9–9 (129 sections).
Official source: Alaska State Legislature. Reproduced from public-domain Alaska statutes; confirm against the official source for the current text. Not legal advice.