Michigan Laws 390.707a – Volunteer trustee; liability for acts or omissions
Current as of: 2023 | Check for updates
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Terms Used In Michigan Laws 390.707a
- College: means Albion college, created in section 1. See Michigan Laws 390.701a
- person: may extend and be applied to bodies politic and corporate, as well as to individuals. See Michigan Laws 8.3l
- Trustee: means a member of the board of trustees. See Michigan Laws 390.701a
- Trustee: A person or institution holding and administering property in trust.
During the time that the college is tax exempt under section 501(c)(3) of the internal revenue code, 26 USC 501, the college assumes all liability to any person other than the college for all acts or omissions of a volunteer trustee incurred in the good faith performance of the volunteer trustee‘s duties.