N.Y. NYW Law § 7
This is the official text of N.Y. NYW Law § 7, part of New York’s NYW Law — part of the compiled statutory law of New York, published by the state as "NYW Law." Browse the sections below, each linked to its official government source.
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Limitation of liability
Official statutory text
§ 7. Limitation of liability. Neither the directors nor any member,\nofficer or employee of the corporation, while acting within the scope of\nhis or her authority, shall be subject to any personal liability\nresulting from the activities of the corporation.\n
Status: in_force · Read it on the official government site
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