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Alaska Statutes.
Title 44. State Government
Chapter 81. Commercial Fishing and Agriculture Bank
Section 61. Indemnification of Directors, Officers, and Employees.
previous: Section 60. Membership Stock. [Repealed, Sec. 27 Ch 34 SLA 1996].
next: Section 70. President; Officers and Employees. [Repealed, Sec. 27 Ch 34 SLA 1996].

AS 44.81.061. Indemnification of Directors, Officers, and Employees.

The bank may indemnify directors, officers, and employees, or may purchase and maintain insurance on behalf of directors, officers, and employees. The indemnification and the insurance purchase and maintenance shall comply with AS 10.06.490 .

Note to HTML Version:

This version of the Alaska Statutes is current through December, 2004. The Alaska Statutes were automatically converted to HTML from a plain text format. Every effort has been made to ensure their accuracy, but this can not be guaranteed. If it is critical that the precise terms of the Alaska Statutes be known, it is recommended that more formal sources be consulted. For statutes adopted after the effective date of these statutes, see, Alaska State Legislature If any errors are found, please e-mail Touch N' Go systems at E-mail. We hope you find this information useful.

Last modified 9/3/2005