RCW 35.39.110
City retirement system—Investment advisory committee—Liability of members.
No member of the investment advisory committee is liable for the negligence, default, or failure of any other person or other member of the committee to perform the duties of his or her office, and no member of the committee may be considered or held to be an insurer of the funds or assets of the retirement system nor shall any member be liable for actions performed with the exercise of reasonable diligence within the scope of his or her duly authorized activities as a member of the committee.
[ 1982 c 166 § 6.]
NOTES:
Effective date—1982 c 166: See note following RCW 35.39.060.
Structure Revised Code of Washington
Chapter 35.39 - Fiscal—Investment of Funds.
35.39.030 - Excess or inactive funds—Investment.
35.39.032 - Approval of legislative authority—Delegation of authority—Reports.
35.39.050 - Construction—1965 c 7.
35.39.060 - Investment of pension funds.
35.39.070 - City retirement system—Registration and custody of securities.
35.39.080 - City retirement system—Investment advisory committee.
35.39.090 - City retirement system—Investment advisory committee—Powers and duties.
35.39.100 - City retirement system—Investment advisory committee—Employment of members.
35.39.110 - City retirement system—Investment advisory committee—Liability of members.