Directors' liability for losses during deficiency.

  1. Law
  2. Alaska Statutes
  3. Insurance
  4. Organization and Corporate Procedures
  5. Directors' liability for losses during deficiency.

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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.


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