Alaska Statutes Sec. 21.69.550 - Directors' Liability for Losses During Deficiency

The directors of the insurer shall be individually liable for losses incurred under policies issued by the insurer after expiration of the period provided in AS 21.69.530 for curing a deficiency of the insurer's capital stock or surplus and before the deficiency is cured.

Section: Previous  21.69.480  21.69.490  21.69.500  21.69.510  21.69.520  21.69.530  21.69.540  21.69.550  21.69.560  21.69.570  21.69.580  21.69.590  21.69.600  21.69.610  21.69.620  Next

Last modified: November 15, 2016