Alaska Statutes Sec. 42.40.500 - Limitation of Liability

A liability incurred by the corporation shall be satisfied exclusively from the assets or revenue of the corporation and no creditor or other person has a right of action against the state because of a debt, obligation, or liability of the corporation.

Section: 42.40.500  42.40.510  42.40.520  42.40.530  42.40.540    Next

Last modified: November 15, 2016