Code of Virginia § 15.2-1753. Liability of board members.
35 words·~1 min read·
/va/title-15-2/chapter-17/15-2-1753A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
No member of the board of directors of an academy shall be personally liable for any indebtedness, obligation or other liability of an academy, barring willful misconduct.
1993, c. 935, § 15.1-159.7:7; 1997, c. 587.