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§ 42-40-500 — Alaska Law | CourtGPT
  1. Home/
  2. Laws/
  3. Alaska/
  4. Title 42 - Public Utilities and Carriers and Energy Programs/
  5. Chapter 40 - Alaska Railroad Corporation/
  6. Article 6 - Financial Provisions.sec. 42.40.500. Limitation of Liability/
  7. § 42-40-500
Alaska Legal Code

§ 42-40-500

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A liability incurred by the corporation shall be satisfied exclusively from the assets or revenue of the corporation and no creditor or other person has a right of action against the state because of a debt, obligation, or liability of the corporation.