2006 Kentucky Revised Statutes - .964 Personal liability of board or officers.

247.964 Personal liability of board or officers. No member of the board of directors or other officer of the corporation shall be made subject to any personal liability or accountability by reason of their execution of any obligations of the corporation nor the issuance thereof. Effective: April 11, 1984 History: Created 1984 Ky. Acts ch. 374, sec. 13, effective April 11, 1984.

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