Alaska Statutes.
Title 21. Insurance
Chapter 69. Organization and Corporate Procedures
Section 560. Stock Transfer During Impairment of Capital.
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AS 21.69.560. Stock Transfer During Impairment of Capital.

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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