Limitation of Liability of Trustees and Officers. No Trustee or officer of the Trust, when acting in such capacity, shall be subject to any personal liability to any person, save only liability to the Trust or its Shareholders arising from willful malfeasance, bad faith, gross negligence or reckless disregard of his duties to such person.
Appears in 9 contracts
Samples: Agreement and Declaration of Trust (Alti Private Equity Access & Commitments Fund), Amended and Restated Agreement and Declaration of Trust (Forum Real Estate Income Fund), Agreement and Declaration of Trust (Forum CRE Income Fund)