(a) After impounding a derelict vessel, the state agency or municipality shall post a notice of disposition on the Alaska Online Public Notice System or the municipality's website and, if possible, on the vessel itself at least 20 days before disposing of the vessel.
(b) A duplicate of the notice must be served by certified mail, return receipt requested, on
(1) the owner of the vessel, if known, at the address on record with the United States Coast Guard or the Department of Administration; and
(2) all lienholders who have filed a financing statement indexed in the name of the owner or who are shown on the records of a state agency or the United States Coast Guard.
(c) The notice of disposition must include
(1) a description of the vessel;
(2) the name or number of the vessel, if known;
(3) the name and address of the owner, if known;
(4) the location of the vessel;
(5) the means of disposition; and
(6) the location, date, and time of a public auction if an auction will be held to dispose of the vessel.
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