NRS 349.911
Limitation on personal liability of Director or person acting on his or her behalf.

In the absence of fraud, malice or willful misconduct, the Director or any person acting on his or her behalf is not personally liable on any contracts or other agreements entered into by the Director pursuant to NRS 349.900 to 349.929, inclusive, or for any damage or injury resulting from the performance of those duties.

Source: Section 349.911 — Limitation on personal liability of Director or person acting on his or her behalf., https://www.leg.state.nv.us/NRS/NRS-349.html#NRS349Sec911.

349.900
Legislative declaration. 349.901
Definitions. 349.902
“Account for Venture Capital” defined. 349.903
“Agreement” defined. 349.904
“Board” defined. 349.905
“Bonds” and “revenue bonds” defined. 349.906
“Director” defined. 349.907
“Expense of operation and maintenance” defined. 349.908
“Fund for the Retirement of Bonds” defined. 349.909
“Management company” defined. 349.910
General powers of Director 349.911
Limitation on personal liability of Director or person acting on his or her behalf. 349.912
Director: Selection of management company 349.913
Director: Restriction on operation or management of enterprise. 349.914
Director: Allocation of proceeds of bonds. 349.915
Contents of agreement. 349.916
Objective of investments for Account for Venture Capital. 349.917
Form of investments of management company 349.918
Prerequisites for management company. 349.919
Issuance of revenue bonds: Director required to submit findings to Board 349.920
Issuance of bonds: Findings of Director and Board. 349.921
Bonds: Safety as to repayment of principal and interest 349.922
Bonds: Special obligations of State. 349.923
Bonds: Form and terms 349.924
Bonds: Regulations for investment and reinvestment of proceeds and management of proceeds by banks or trust companies. 349.925
Bonds: Refunding. 349.926
Limitation of actions. 349.929
Account for Venture Capital to be entrusted to management company

Last Updated

Feb. 5, 2021

§ 349.911’s source at nv.us

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Location: https://nevada.public.law/statutes/nrs_349.911

Original Source: Section 349.911 — Limitation on personal liability of Director or person acting on his or her behalf., https://www.leg.state.nv.us/NRS/NRS-349.html#NRS349Sec911 (last accessed Feb. 5, 2021).