S54A Flashcards
1
Q
What is immunity from certain liabilities?
A
CFO or members not personally liable for any damage caused in good faith
Example: The CFO and members are protected from personal liability if they acted in good faith.
What is immunity from certain liabilities?
CFO or members not personally liable for any damage caused in good faith
Example: The CFO and members are protected from personal liability if they acted in good faith.