American Samoa § 30.0156 - Extent of liability.
Full text of American Samoa American Samoa Code Annotated § 30.0156 — Extent of liability., with citation guidance and answers to common questions.
§ 30.0156. Extent of liability.
Nothing in this chapter or in the articles of incorporation exempts the stockholders from individual liability to the amount of the unpaid installments on the stock owned by them, or transferred by them for the purpose of defrauding creditors; and execution against the company may, to that extent, be levied upon the private property of any such individual.
Source: official American Samoa text · Last verified 2026-08-27
Frequently Asked Questions About American Samoa § 30.0156
What does American Samoa Code Annotated § 30.0156 cover?
Section 30.0156 ("Extent of liability.") is part of the American Samoa Code Annotated, the codified statutory law of American Samoa. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite American Samoa § 30.0156?
A common citation format is "American Samoa Code Annotated § 30.0156" (American Samoa). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of American Samoa law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the American Samoa official source linked on this page or consult a licensed American Samoa attorney.
How does American Samoa § 30.0156 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in American Samoa can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in American Samoa.