Statutes > Alaska Statutes > Title 42 - PUBLIC UTILITIES AND CARRIERS > Chapter 42.40. - ALASKA RAILROAD CORPORATION > Article 08 - BONDS > Sec. 42.40.700. - Limitation on personal liability.

Sec. 42.40.700. - Limitation on personal liability.

A board member or employee of the corporation is not subject to personal liability or accountability because of the execution or issuance of bonds.