Subdivision 1. In bylaws or by board. Officers and directors have the authority and duties in the management of the business of the corporation that the bylaws prescribe or, in the absence of such prescription, as the board determines.
Subd. 2. Ordinary prudent person standard. Officers and directors shall discharge their duties in good faith, in the manner the officer or director reasonably believes to be in the best interests of the corporation, and with the care an ordinary prudent person in a like position would exercise under similar circumstances.
Subd. 3. Not trustees. Officers and directors are not considered to be trustees with respect to the corporation or with respect to property held or administered by the corporation, including, without limit, property that may be subject to restrictions imposed by the donor or transferor of the property.
Subd. 3a. Conflicts of interest. Conflicts of interest involving directors, officers, or employees of the corporation must be evaluated and resolved under chapter 317A. Directors, officers, and employees of the corporation are not considered "public officers" for the purposes of sections 471.87 to 471.89. This subdivision does not apply to Hennepin County Commissioners who also serve on the board of Hennepin Healthcare System, Inc.
Subd. 4. Liability. A person who serves without compensation as a director or officer of the corporation is exempt from civil liability to the same extent as provided under section 317A.257 for the directors and officers listed in section 317A.257, subdivision 1.
2005 c 125 art 1 s 5,29; 1Sp2005 c 7 s 34; 2006 c 266 s 2; 2007 c 34 s 1
Structure Minnesota Statutes
Chapters 370 - 403 — Counties, County Officers, Regional Authorities
Chapter 383B — Hennepin County
Section 383B.021 — Compensation.
Section 383B.025 — County Board Appoints Auditor, Treasurer, Recorder.
Section 383B.031 — Board Vacancies: More Or Not More Than Six Months Out.
Section 383B.035 — County To Pay City, Town Special Election Expenses.
Section 383B.041 — Campaign Financing, Disclosure Of Economic Interests.
Section 383B.058 — Local Ordinances And Charters Superseded.
Section 383B.061 — Legislative Research Committee.
Section 383B.063 — Fort Snelling Precinct.
Section 383B.101 — County Administrator's Office; Establishment.
Section 383B.102 — Powers And Duties.
Section 383B.103 — Compensation; Removal.
Section 383B.111 — Budget And Financial Administration.
Section 383B.112 — Annual Budget.
Section 383B.113 — Long-range Capital Program.
Section 383B.114 — Appropriations And Tax Levy.
Section 383B.115 — Amendments.
Section 383B.116 — Payment Procedures And Accounting.
Section 383B.1161 — Electronic Approvals.
Section 383B.1162 — Credit Cards.
Section 383B.117 — Certificates Of Indebtedness.
Section 383B.119 — Financial Statements And Audits.
Section 383B.121 — Adult Corrections Facility.
Section 383B.122 — Superintendent.
Section 383B.124 — Work Release Program.
Section 383B.125 — Board May Run Factory With Inmates And Staff.
Section 383B.126 — Board May Lease Space Out To Run Factory.
Section 383B.127 — Diminution Of Sentence.
Section 383B.128 — Place Of Crime Must Pay Workhouse Inmate Daily Expense.
Section 383B.129 — Inmates From Other Jurisdictions.
Section 383B.141 — Authorization.
Section 383B.143 — Contracts For Purchases.
Section 383B.144 — Prequalification.
Section 383B.145 — Competitive Bidding.
Section 383B.146 — Purchases Consistent With Law.
Section 383B.147 — Vendor Discounts.
Section 383B.148 — Rules And Regulations.
Section 383B.149 — Purchases Or Contracts Forbidden.
Section 383B.151 — Financial Interest Forbidden.
Section 383B.1511 — Job Order Contracting.
Section 383B.152 — Building And Maintenance Fund.
Section 383B.153 — Contingent Account.
Section 383B.155 — Self-insurance.
Section 383B.158 — Design-build Contracts.
Section 383B.1581 — Design-build Process.
Section 383B.1582 — Rfp For Design-build.
Section 383B.1583 — Replacing Team Members.
Section 383B.1584 — Design-build Award.
Section 383B.1588 — Energy Forward Pricing Mechanisms.
Section 383B.159 — Real Property Leases.
Section 383B.20 — Parking Facilities.
Section 383B.203 — Certification Of Tax Lists.
Section 383B.205 — Special Assessments; Certification Fee.
Section 383B.207 — Special Assessments; Computation Of Interest.
Section 383B.211 — Authorization.
Section 383B.213 — Powers And Duties.
Section 383B.215 — Additional Authority.
Section 383B.217 — Hmo And Clinics.
Section 383B.218 — Bonding Authority; Hennepin County Medical Building.
Section 383B.219 — Ambulatory Health Centers And Clinics.
Section 383B.221 — Emergency Medical Service.
Section 383B.223 — Food Service.
Section 383B.229 — Existing Health Service Programs Not Affected.
Section 383B.235 — 80 Percent Of Council Must Ok Minneapolis Waste Burner.
Section 383B.236 — Waste Management.
Section 383B.237 — Library System.
Section 383B.245 — Library Levy.
Section 383B.251 — License Bureau.
Section 383B.255 — Public Safety Communications.
Section 383B.257 — County May Run Central Mobile Equipment Division.
Section 383B.259 — Pistol Range.
Section 383B.26 — Human Resources System; Purpose.
Section 383B.27 — Definitions For Human Resources Board And Department.
Section 383B.28 — Human Resources Board.
Section 383B.29 — Duties Of Human Resources Board.
Section 383B.30 — Director; Selection.
Section 383B.31 — Duties Of Human Resources Director.
Section 383B.32 — Unclassified And Classified Service.
Section 383B.34 — Classification Of Employees.
Section 383B.36 — Party To Litigation.
Section 383B.37 — Interference With Exam, Applicants; Political Activity.
Section 383B.38 — Removals, Suspensions, And Demotions.
Section 383B.389 — Disaster Volunteer Leave.
Section 383B.39 — Veterans To Be Given Preferential Rating.
Section 383B.41 — Discrimination.
Section 383B.42 — Appropriation Of Funds.
Section 383B.45 — County Board To Fix Time, Manner To Pay Salaries.
Section 383B.453 — Bond Of County Recorder Deputy.
Section 383B.455 — Legal Officers' Salaries.
Section 383B.457 — Officers' Salaries.
Section 383B.46 — Supplemental Retirement Account.
Section 383B.47 — Investment Of Retirement Money.
Section 383B.48 — Buying State Supplemental Investment Fund Shares.
Section 383B.49 — Supplemental Retirement Benefits; Redemption Of Shares.
Section 383B.491 — Minnesota State Retirement System Billing Authority.
Section 383B.493 — Withdrawal From Participation.
Section 383B.51 — No Assignment Or Garnishment.
Section 383B.52 — Administration Costs.
Section 383B.56 — Board May Regulate Public, Private Ambulances.
Section 383B.562 — Government Center; Liquor.
Section 383B.565 — Plats And Surveys; Approval.
Section 383B.60 — Special Permits; Seasonal Contractor's Permit; Fees.
Section 383B.603 — Board May File County Highway Maps For Record.
Section 383B.606 — Seasonal Load Limits.
Section 383B.608 — Local Road Aid.
Section 383B.61 — Transfer Of Drainage Systems.
Section 383B.611 — Probation And Investigation Department, Creation.
Section 383B.612 — Director Of Court Services; Other Employees.
Section 383B.613 — Duties Of Department.
Section 383B.614 — Space, Supplies, Expenses, Officer's Powers, Bond; Records.
Section 383B.63 — Public Defender For Crimes, Misdemeanors, Ordinances.
Section 383B.65 — Contracts, Leases With Bloomington For Court Space.
Section 383B.68 — Board Of Park District Commissioners.
Section 383B.70 — Compensation Of Commissioners.
Section 383B.702 — Depositories.
Section 383B.703 — District Renaming.
Section 383B.71 — Trail System.
Section 383B.72 — Land Acquisition; Town Consent.
Section 383B.73 — Park District Tax Levy.
Section 383B.75 — Municipal Building Commission.
Section 383B.751 — Care And Control Of Building.
Section 383B.752 — Expenses; Warrants.
Section 383B.753 — Exclusive Control.
Section 383B.754 — Budget Date.
Section 383B.77 — Hennepin County Housing And Redevelopment Authority.
Section 383B.78 — Bathing Beaches.
Section 383B.79 — Multijurisdictional Program.
Section 383B.80 — Hennepin County Deed And Mortgage Tax.
Section 383B.81 — Environmental Response Fund.
Section 383B.82 — Wind And Solar Business Entity Participation.
Section 383B.901 — Creation Of A County Subsidiary Corporation.
Section 383B.902 — Definitions.
Section 383B.907 — Corporate Powers.
Section 383B.908 — Limitations Upon Corporate Powers; Reserved Powers.
Section 383B.909 — Corporate Seal.
Section 383B.910 — Board Meetings.
Section 383B.911 — Public Depository.
Section 383B.912 — Transfer Of Rights.
Section 383B.913 — Lease Or Transfer Of Assets.
Section 383B.914 — Status Of Present Employees; Bargaining Units; Retirement Coverage.
Section 383B.915 — Bonding Authority Of Corporation.
Section 383B.916 — Financing Through County.
Section 383B.917 — Open Meeting Law; Government Data Practices Act.
Section 383B.918 — Health Services Plan.
Section 383B.919 — Tort Liability.
Section 383B.920 — Revenue Recapture Act.
Section 383B.921 — Purchasing.
Section 383B.922 — Legal Counsel.
Section 383B.923 — Self-insurance.
Section 383B.924 — Hospital Authorities.
Section 383B.925 — Tax-exempt Status.
Section 383B.927 — Intergovernmental Transfers.