Cal. Ins. Code § 11772

Current through the 2023 Legislative Session.

Section 11772 - No liability in private capacity as to board members, officers or employees

There shall not be any liability in a private capacity on the part of the board of directors or any member thereof, or any officer or employee of the fund for or on account of any act performed or obligation entered into in an official capacity, when done in good faith, without intent to defraud and in connection with the administration, management or conduct of the fund or affairs relating thereto.

Ca. Ins. Code § 11772

Amended by Stats. 1945, Ch. 1431.