American Samoa § 30.0155 - Liability

Full text of American Samoa American Samoa Code Annotated § 30.0155 — Liability, with citation guidance and answers to common questions.

§ 30.0155. Liability

The following may enforce the liability imposed by 30.0154: (1) the corporation, through its Directors; (2) any person who by operation of law succeeds to the right or property of the corporation; (3) any shareholder who first makes a demand on the Directors that suit be instituted by the corporation or who alleges that the demand would be useless; (4) persons who were creditors at the time of the illegal dividend or dividends.

Frequently Asked Questions About American Samoa § 30.0155

What does American Samoa Code Annotated § 30.0155 cover?

Section 30.0155 ("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 § 30.0155?

A common citation format is "American Samoa Code Annotated § 30.0155" (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 § 30.0155 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.