Personal liability excluded.

Checkout our iOS App for a better way to browser and research.

The members of the board and officers or employees of the foundation are not liable personally, either jointly or severally, for any debt or obligation created or incurred by the foundation unless that conduct is deemed to be gross misconduct or reckless.

History of Section.
P.L. 1997, ch. 372, § 1.


Download our app to see the most-to-date content.