Sec. 7a.
During the time that the college is tax exempt under section 501(c)(3) of the internal revenue code, 26 USC 501, the college assumes all liability to any person other than the college for all acts or omissions of a volunteer trustee incurred in the good faith performance of the volunteer trustee's duties.
History: Add. 2011, Act 220, Imd. Eff. Nov. 15, 2011
Structure Michigan Compiled Laws
Chapter 390 - Universities and Colleges
Act 72 of 1857 - Albion College (390.701 - 390.708)
Section 390.701 - Albion College; Creation; Board of Trustees; Powers.
Section 390.701a - Definitions.
Section 390.702 - Board of Trustees; Membership; Term of Office; Limitation.
Section 390.702a - Repealed. 1972, Act 137, Imd. Eff. May 18, 1972.
Section 390.703 - Board of Trustees; Powers; Course of Study; Conferring of Degrees.
Section 390.704 - Repealed. 2011, Act 220, Imd. Eff. Nov. 15, 2011.
Section 390.705 - Powers of Corporation.
Section 390.705a - Board of Trustees; Custodians of Endowment Funds.
Section 390.706 - Act Declared Public; Non-User of Privileges; Misnomer in Instrument.
Section 390.707 - Breach of Trustee's or Officer's Fiduciary Duty; Liability.
Section 390.707a - Volunteer Trustee; Liability for Acts or Omissions.
Section 390.707b - Volunteer Trustee or Nontrustee Volunteer; Liability of College; Conditions.
Section 390.708 - Repealed. 2011, Act 220, Imd. Eff. Nov. 15, 2011.