Ala. Code § 23-7-12

Current through the 2024 Regular Session.
Section 23-7-12 - Liability under chapter

Neither the board nor any officer, employee, or committee of the bank acting on behalf of it, while acting within the scope of authority granted by this chapter, is subject to any liability resulting from carrying out any of the powers given in this chapter, unless the officer or employee acted in an unreasonable or reckless manner.

Ala. Code § 23-7-12 (1975)

Added by Act 2015-50,§ 12, eff. 7/1/2015.