N.Y.
Public Authorities Law Section 1020-BB
Exculpation
1.
The trustees and officers of the authority, while acting within the scope of their authority as trustees or officers, shall not be subject to any personal or civil liability resulting from the exercise, carrying out or advocacy of any of the authority’s purposes or powers, unless the conduct of the trustees or officers is finally determined by a court of competent jurisdiction to constitute intentional wrongdoing.2.
The provisions of Public Officers Law § 17 (Defense and indemnification of state officers and employees)section seventeen of the public officers law shall apply to trustees and officers of the authority, in connection with any and all claims, demands, suits, actions or proceedings which may be made or brought against any of them arising out of any determinations made or actions taken or omitted to be taken in compliance with any obligations under or pursuant to the terms of this title.3.
Notwithstanding any other provisions of law to the contrary, the provisions of Public Officers Law § 18 (Defense and indemnification of officers and employees of public entities)section eighteen of the public officers law shall apply to the employees of the authority, in connection with any and all claims, demands, suits, actions or proceedings which may be brought against any of them arising out of any determinations made or actions taken or omitted to be taken in compliance with any obligations under or pursuant to the terms of this title. Whenever the provisions of Public Officers Law § 17 (Defense and indemnification of state officers and employees)section seventeen of the public officers law do not apply to the trustees and officers of the authority, the provisions of Public Officers Law § 18 (Defense and indemnification of officers and employees of public entities)section eighteen of the public officers law shall apply to such trustees and officers.4.
Any costs incurred by the state in accordance with subdivision two of this section shall be treated as advances by the state to the authority, and shall be repaid to it without interest either out of the proceeds of bonds issued by the authority pursuant to the provisions of this title, or by the delivery of non-interest bearing bonds of the authority to the state for all or any part of such advances, or out of excess revenues of the authority, at such times and on such conditions as the state and the authority mutually may agree upon. Any agreement entered into by the state and the authority for the repayment of any costs incurred pursuant to subdivision two of this section, shall be subject to the approval of the public authorities control board.5.
As used in this section, the terms “trustee”, “officer” and “employee” shall include a former trustee, officer or employee and his or her estate or judicially appointed personal representative.
Source:
Section 1020-BB — Exculpation, https://www.nysenate.gov/legislation/laws/PBA/1020-BB
(updated Sep. 22, 2014; accessed Oct. 26, 2024).