When a vessel is abandoned, the owner of the vessel storage or repair business, or the business owner's authorized representative, after one public advertisement in a newspaper of general circulation in the state, may negotiate a sale of the vessel or dispose of it. However, the vessel may not be sold or disposed of within less than 30 days after publication of the advertisement.
AS 30.30.130
Sale or disposition of vessel
Known as the Derelict Vessels Act
The act spans §§ 30.30.010 to 30.30.180 (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.