NMSA 53-4-18.2. Liability of directors
A director of the association is generally not personally liable for monetary damages to the association or its members for breach of fiduciary duty, unless the director failed to perform duties under Section 53-4-18.1 and the failure was willful misconduct or recklessness.
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- United States — New Mexico
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director liability
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NMSA 53-4-18.2. Liability of directors
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