There is a newer version of the New Jersey Revised Statutes
2013 New Jersey Revised Statutes
Title 17 - CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE
Section 17:12B-46.6 - Responsibility of officers
NJ Rev Stat § 17:12B-46.6 (2013) What's This?
17:12B-46.6. Responsibility of officers
Any officer acting in good faith under the provisions of this act shall be deemed to have exercised the discretion herein specifically conferred upon him to protect the property of the association and the welfare of the people involved in its operation.
L.1968, c. 150, s. 6, eff. July 12, 1968.
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