D.C. Code § 1-307.89

Liabilities of Risk Officer, captive manager, and Advisory Council

Known as the Captive Insurance Agency Establishment Act

The act spans §§ 1-307.81 to 1-307.95 (15 sections).

July 18, 2008, D.C

(a) The Risk Officer, captive manager, and Advisory Council members shall not be liable for any obligations of the Agency.

(b) The Risk Officer, captive manager, and Advisory Council members shall not be liable, or shall any cause of action of any nature arise against them, for any act or omission related to the performance of their powers and duties under this part, unless the act or omission constitutes willful or wanton misconduct.

Official source: D.C. Law Library (Council of the District of Columbia). Reproduced from public-domain District of Columbia statutes; confirm against the official source for the current text. Not legal advice.