45 CFR 2502.40 – Under what circumstances may AmeriCorps indemnify employees?
Current as of: 2024 | Check for updates
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AmeriCorps may, at its sole discretion, indemnify an AmeriCorps employee for a verdict, judgment, or other monetary award rendered against the employee personally in a claim or may settle or compromise a personal damages claim against an AmeriCorps employee if:
Terms Used In 45 CFR 2502.40
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
- Indemnification: In general, a collateral contract or assurance under which one person agrees to secure another person against either anticipated financial losses or potential adverse legal consequences. Source: FDIC
- Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
- Verdict: The decision of a petit jury or a judge.
(a) The CEO determines that the AmeriCorps employee’s conduct giving rise to the verdict, judgment, monetary award, or claim was taken within the scope of their employment;
(b) The CEO determines that the indemnification or settlement is in AmeriCorps’ best interest; and
(c) AmeriCorps appropriated funds are available for the indemnification or settlement.