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Alaska · Through Alaska Statutes 2025 (34th Legislature, 2025-2026)

AS 42.40.500: Limitation of liability.

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Where this section sits in the code
  1. Title 42. Public Utilities and Carriers and Energy Programs.
  2. Chapter 40. Alaska Railroad Corporation.
  3. Article 6. Financial Provisions.

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.

Collected 2026-09-02T06:19:21Z. Source file · JSON

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