N.Y. UDR Law § 13
This is the official text of N.Y. UDR Law § 13, part of New York’s UDR Law — part of the compiled statutory law of New York, published by the state as "UDR Law." Browse the sections below, each linked to its official government source.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
Limitation of liability
Official statutory text
§ 13. Limitation of liability. Neither the directors nor any member,\nofficer or employee of the corporation, while acting within the scope of\nhis authority, shall be subject to any personal liability resulting from\nthe activities of the corporation.\n
Status: in_force · Read it on the official government site
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