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Code · Illinois · Chapter 745 — CIVIL IMMUNITIES · Act 48

Sec. 25. Employees, officers, and directors.

74 words·~1 min read·/il/chapter-745/act-48/25

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Sec. 25. Employees, officers, and directors. No employee, officer, or director of an Illinois financial institution shall be liable to any person for damages in a Year 2000 action, except for an act or omission that constitutes fraud; provided that this Section shall not preclude a Year 2000 action against an Illinois financial institution that is otherwise permitted by law based on the actions of an employee, officer, or director of the financial institution.
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