Sec. 31.25.250. Limitation on personal liability.
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/ak/title-31/chapter-25/31-25-250A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 31.25.250. Limitation on personal liability.
A member of the board or other officer of the corporation or a subsidiary of the corporation is not subject to personal liability or accountability because the member or officer executed or issued an obligation.