New York Liability Of The Trustees Of A Non-profit Racing Association.
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§ 202-c. Liability of the trustees of a non-profit racing association.
The trustees of a non-profit racing association, and any person or
persons acting on their behalf, while acting within the scope of their
authority, shall be exempt from any personal liability resulting from
carrying out any of the powers expressly given in this chapter, except
for acts of malfeasance or gross negligence.