LIABILITY OF FOUNDATION MEMBERS, OFFICERS, AND EMPLOYEES
Applied in 1 court decision — leading case Bennack Flying Service, Inc. v. Balboa (1999)
Most recently applied in Bennack Flying Service, Inc. v. Balboa (August 1999)
Added by Acts 1993, 73rd Leg., ch. 8, Sec. 1, eff
(a) Except for instances of gross negligence, individual criminal actions, or acts of dishonesty, the foundation's members, directors, officers, and employees are not individually liable to a cotton grower or other person for:
(1) errors in judgment;
(2) mistakes; or
(3) other acts or omissions.
(b) A foundation member, officer, or employee is not individually liable for an act or omission of another foundation member, officer, or employee.
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.