There is a newer version of the Alaska Statutes
2013 Alaska Statutes
Title 21 - INSURANCE
Chapter 21.69 - ORGANIZATION AND CORPORATE PROCEDURES
Sec. 21.69.560 Stock transfer during impairment of capital.
AK Stat § 21.69.560 (2013) What's This?
A transfer of the stock of a domestic insurer made during the existence of an impairment of the insurer's capital does not release the stockholder making the transfer from liability as a stockholder of the insurer that accrued before the transfer.
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