North Carolina Statutes
§ 122D-23 — Immunity
North Carolina·Ch. 122D North Carolina Agricultural Finance Act
There shall be no liability on the part of and no cause of action of any nature may arise against the members of the Authority for any acts or omission to act by them in the performance of their powers and duties under this Chapter. The immunity established by this section shall not extend to willful neglect or malfeasance that would otherwise be actionable. The immunity established by this section further shall not extend to any act or omission occurring or arising out of the operation of a motor vehicle. The immunity established herein is waived to the extent of any indemnification by insurance for the liability of the members of the authority for which this act otherwise provides immunity.
Free access — add to your briefcase to read the full text and ask questions with AI
North Carolina § 122D-23 (Immunity) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
(1987, c. 335, s. 1; 1989, c. 500, s. 109(e); 1989 (Reg. Sess., 1990), c. 1074, s. 32(b).)
Nearby Sections
15
§ 122D-1
Short title§ 122D-10
Bonds of the Authority§ 122D-11
Statutory pledge§ 122D-12
Refunding bonds§ 122D-13
Purchase of bonds by Authority§ 122D-14
Exemption from taxes§ 122D-15
Covenant of State§ 122D-16
Trust funds§ 122D-18
Account and audits§ 122D-19
Cooperation of State agencies§ 122D-20
Construction of Chapter§ 122D-21
Termination of the Authority§ 122D-22
Severability