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§ 354 — 354 — U.S. Virgin Islands Law | CourtGPT
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U.S. Virgin Islands Legal Code

354

U.S. Virgin Islands § 354 — U.S. Virgin Islands law

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Any director of a domestic stock insurer who votes for or concurs in the declaration or payment of any dividend to stockholders or a reduction of capital stock not authorized by law shall, in addition to any other liability imposed by law, be guilty of a gross misdemeanor.