Chapter 1 - Liability Of Officers Of Nonprofit Organizations
- Section 10-11-1 Legislative intent
The Legislature finds and declares that the services of not-for-profit corporations, organizations, associations, boards, authorities and commissions are critical to the efficient conduct and ...
- Section 10-11-2 Definitions
The following terms shall have the following respective meanings for the purposes of this chapter: (1) QUALIFIED ENTITY. a. Any not-for-profit corporation, association or ...
- Section 10-11-3 Officer immune from suit; exception for willful misconduct, fraud or gross negligence; for-profit subsidiary not immune
Any noncompensated officer of a qualified entity shall be immune from suit and not subject to civil liability arising from the conduct of the ...
- Section 10-11-4 Application
Nothing in this chapter shall be construed to affect any civil action brought by any qualified entity against any officer of such qualified entity ...
- Section 10-11-5 Construction
Nothing in this chapter shall be construed to affect any action brought under Title 41, Chapter 5. ...
