§967-A. Limitation of liability
No member of the authority, no member of any board of the authority and no employee of the authority may be subject to any personal liability for having acted within the course and scope of his membership or employment to carry out any power or duty under this chapter. The authority shall indemnify any member of the authority, any member of any board of the authority and any employee of the authority against expenses actually and necessarily incurred by him in connection with the defense of any action or proceeding in which he is made a party by reason of past or present association with the authority. [PL 1985, c. 344, §15 (NEW).]
SECTION HISTORY
PL 1985, c. 344, §15 (NEW).
Structure Maine Revised Statutes
Part 2: BUILDING AND DEVELOPMENT
Chapter 110: FINANCE AUTHORITY OF MAINE
Subchapter 1: FINANCE AUTHORITY OF MAINE ACT
10 §961. Finance Authority of Maine Act
10 §963. Definitions (REPEALED)
10 §964. Organization and responsibility
10 §967. Compensation; expenses; indemnification (REPEALED)
10 §967-A. Limitation of liability
10 §969. Powers and duties of the authority (REPEALED)
10 §969-A. Powers and duties of the authority
10 §970. Insured or guaranteed loans for industrial projects (REPEALED)
10 §970-A. Other mortgage insurance
10 §971. Actions of the members
10 §972. Chief executive officer
10 §973. Conflicts of interest
10 §975. Records confidential (REPEALED)
10 §975-A. Disclosure and confidentiality of records
10 §977. The Finance Authority of Maine; successor
10 §978. Governmental function
10 §980-A. Allocation of federal bond ceiling
10 §980-B. Maine Veterans' Small Business Loan Board (REPEALED)