AlaskaAlaska would set rules for electronic assets and mixed deals
If signed, the law would set rules for buyers and lenders handling certain electronic records and for businesses making deals that combine goods with services.
What it does
A buyer who gives value, acts in good faith, and gains control of certain electronic records may take them free of property claims against the records. Consumer protections still apply.
Lenders may secure debts with certain electronic assets by meeting control rules. A lender with control of some electronic payment rights has priority over a conflicting lender without control.
For a deal that combines goods with services or other property, the rules depend on whether the goods part is the main part. Other law may still govern parts outside the goods deal.
Argument forClear rules for control and transfer could help buyers and lenders determine who holds rights to certain electronic records.
Argument againstA buyer who meets the stated requirements could take an electronic record free of another person’s property claim, making that claim harder to enforce against the record.
More detail
The law sets rules for when a buyer gets control of certain electronic records and what rights come with that control. These rules cover controllable electronic records and certain payment rights shown by those records. A qualifying purchaser must give value, act in good faith, obtain control, and lack notice of a property claim. Consumer protection laws and other rules that give consumers different protections still apply.
The law sets rules for securing debts with electronic assets and deciding which lender has priority. The rules cover security interests in electronic money, electronic records, and certain payment rights, as well as records of payment obligations tied to goods or leases. The lender must meet the stated control or possession requirements to use those methods to secure its interest. A lender with control of a controllable account, electronic record, or payment right has priority over a conflicting lender without control.
The law sets out which sales or lease rules apply to deals that combine goods with services or other property. A combined deal includes a sale or lease of goods together with services, other goods, or other property. When the goods part is not the main part, only rules mainly about the goods part apply, with stated exceptions for some finance leases. When the goods part is the main part, other law may still apply to parts that do not concern goods.
Where do you stand?
Choose your position
Tell your reps
Take a position to see your representatives and ways to contact them.
Where it stands
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Jul 16(S) EFFECTIVE DATE(S) OF LAW 9/30/26Latest
- Jul 16(S) LAW W/O GOVERNOR SIGNATURE 6/30 CHAPTER 49 SLA 26Major
- Jun 15(S) 3:55 P.M. 6/15/26 Transmitted to GovernorTo Governor
- May 20(H) VERSION: SB 252
- Vote recorded (H) PASSED Y39 A1 #2982. Result: pass.Lower
- May 20(H) RETURN TO (S), TRANSMIT TO GOVERNOR NEXT
- May 20(H) PASSED Y39 A1Major
- May 20(H) READ THE THIRD TIME SB 252Minor
- May 20(H) ADVANCED TO THIRD READING UCMinor
- May 20(H) READ THE SECOND TIMEMinor
- May 20(H) RULES TO CALENDAR 5/20/2026
- May 16(H) FN1: ZERO(DNR)
- May 16(H) NR: MINA, COSTELLO, UNDERWOOD, EISCHEID, GRAY
- May 16(H) DP: VANCE
- May 16(H) JUD RPT 1DP 5NR
- May 15(H) Minutes (HJUD)
- May 15(H) Moved SB 252 Out of Committee -- Delayed to 30 minutes Following Session --
- May 15(H) JUDICIARY at 01:00 PM GRUENBERG 120
- May 11(H) Minutes (HJUD)
- May 11(H) Heard & Held
- May 11(H) JUDICIARY at 01:00 PM GRUENBERG 120
- May 6(H) FN1: ZERO(DNR)
- May 6(H) NR: COULOMBE, D.NELSON, SADDLER
- May 6(H) DP: FRIER, CARRICK, HALL, FIELDS
- May 6(H) L&C RPT 4DP 3NR
- May 4(H) Moved SB 252 Out of Committee -- Delayed to 10 min. Following Session --
- May 4(H) LABOR & COMMERCE at 03:15 PM BARNES 124
- Apr 27(H) Heard & Held
- Apr 27(H) LABOR & COMMERCE at 03:15 PM BARNES 124
- Apr 14(H) L&C, JUD
- Apr 14(H) READ THE FIRST TIME - REFERRALSMinor
- Apr 13(S) VERSION: SB 252
- Vote recorded (S) PASSED Y20 N- #2222. Result: pass.Upper
- Apr 13(S) TRANSMITTED TO (H)Passed House
- Apr 13(S) PASSED Y20 N-Passed Senate
- Apr 13(S) READ THE THIRD TIME SB 252Minor
- Apr 10(S) ADVANCED TO THIRD READING 4/13 CALMinor
- Apr 10(S) READ THE SECOND TIMEMinor
- Apr 10(S) RULES TO CALENDAR 4/10/2026
- Apr 3(S) FN1: ZERO(DNR)
- Apr 3(S) NR: TOBIN, KIEHL
- Apr 3(S) DP: CLAMAN
- Apr 3(S) JUD RPT 1DP 2NR
- Apr 1(S) Minutes (SJUD)
- Apr 1(S) Moved SB 252 Out of Committee
- Apr 1(S) JUDICIARY at 01:30 PM BUTROVICH 205
- Mar 25(S) Heard & Held
- Mar 25(S) JUDICIARY at 01:30 PM BUTROVICH 205
- Mar 23(S) JUD WAIVED PUBLIC HEARING NOTICE, RULE 23
- Mar 23(S) FN1: ZERO(DNR)
- Mar 23(S) NR: YUNDT
- Mar 23(S) DP: BJORKMAN, DUNBAR, GRAY-JACKSON
- Mar 23(S) L&C RPT 3DP 1NR
- Mar 20(S) Minutes (SL&C)
- Mar 20(S) Moved SB 252 Out of Committee
- Mar 20(S) LABOR & COMMERCE at 01:30 PM BELTZ 105 (TSBldg)
- Mar 13(S) Minutes (SL&C)
- Mar 13(S) Heard & Held
- Mar 13(S) LABOR & COMMERCE at 01:30 PM BELTZ 105 (TSBldg)
- Feb 18(S) L&C, JUD
- Feb 18(S) READ THE FIRST TIME - REFERRALSIntroduced
Economy & JobsTechnology