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.
FRV Act > S54A > Flashcards
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.