A board member or employee of the corporation is not subject to personal liability or accountability because of the execution or issuance of bonds.
Article 9. Personnel and Labor Relations.
AS 42.40.700
Limitation on personal liability
Known as the Alaska Railroad Corporation Act
The act spans §§ 42–42 (97 sections).
Official source: Alaska State Legislature. Reproduced from public-domain Alaska statutes; confirm against the official source for the current text. Not legal advice.