Section 23-7-12 Liability Under Chapter.
The bank’s board, officers, employees, and committees are generally not liable for carrying out powers granted by this chapter when acting within their authority, unless the officer or employee acted unreasonably or recklessly.
- Jurisdiction
- United States — Alabama
- Instrument
- Act or statute
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- Undated source snapshot
- Language
- en
- Official source
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authority scope bank governance
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Section 23-7-12 Liability Under Chapter.
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