175B.110 Indemnification from liability for an authority's board members,
81 words·~1 min read·
/ky/175b-110A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
officers, and employees. Board members, officers, and employees of each authority authorized under this chapter shall be indemnified from liability asserted by any person on the bonds or notes of the authority, or any personal liability or accountability by reason of:
(1)The issuance of bonds, notes, or guarantees;
(2)The acquisition, construction, ownership, or operation of any project funded in
whole or part by the authority; or
(3)Any other action taken or the failure to act by the authority.