Claims made under employment contracts by directors or similar personnel--Limit on payment.

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58-29B-115. Claims made under employment contracts by directors or similar personnel--Limit on payment.

Claims made under employment contracts by directors, principal officers, or persons in fact performing similar functions or having similar powers are limited to payment for services rendered prior to the issuance of any order of rehabilitation or liquidation under §58-29B-32 or 58-29B-42.

Source: SL 1989, ch 436, §115.


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