No personal liability shall arise against any director, trustee, officer, or agent of any insurer by reason of any payment made by or on behalf of the insurer on account of any taxes, licenses, or fees paid pursuant to any law, even though such law is subsequently held to be invalid.
Ark. Code Ann. § 26-57-608
Nonliability of officers as to taxes or fees paid under invalid laws
Acts 1959, No. 148, § 71; A.S.A. 1947, § 66-2304.
Current official text: Arkansas General Assembly. Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Arkansas statutes; confirm against the official source for the current text. Not legal advice.