Kansas Statutes Annotated
Updated Through the 2013 Legislative Session

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Statute Number:74-8910
Chapter Title:STATE BOARDS, COMMISSIONS AND AUTHORITIES
Article Title:DEVELOPMENT FINANCE AUTHORITY
Tax Type:Corporate Income Tax; Individual Income Tax; Privilege
Brief Description:Exemption from liability of director, officers and
employees of authority.
Keywords:


Body:

74-8910. Exemption from liability of director, officers and employees of authority. No director, employee or officer of the authority shall be liable personally for any reason arising from the service of such person as a director, employee or officer of the authority or any subsidiary corporations created pursuant to this act unless such person acted with willful, wanton or fraudulent misconduct or intentionally tortuous conduct. The authority and any subsidiary corporation created pursuant to K.S.A. 74-8904, and amendments thereto, shall be considered a governmental entity for purposes of the Kansas tort claims act, K.S.A. 75-6102, and amendments thereto.
History: L. 1987, ch. 57, 10;L. 1994, ch. 223, 2;L. 1996, ch. 49, 1; July 1.


Date Composed: 04/04/2011 Date Modified: 04/04/2011

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