Current through 2024 NY Law Chapter 456
Section 12 - Actions against the corporation1.An action against the corporation for death, personal injury or property damage or founded on tort shall not be commenced more than one year and ninety days after the cause of action thereof shall have accrued nor unless a notice of claim shall have been served on a member of the corporation or officer or employee thereof designated by the corporation for such purpose, within the time limited by, and in compliance with the requirements of section 50-e of the general municipal law.2.The venue of every action, suit or special proceeding brought against the corporation shall be laid in the county of Albany.3.Neither any member of the corporation nor any officer, employee, or agent of the corporation, while acting within the scope of their authority, shall be subject to any personal liability resulting from exercising or carrying out of any of the corporation's purposes or powers.N.Y. Tobacco Settlement Financing Corporation Act § 12