No Liability for Trustees Appointed. A party is not liable for any of the acts or obligations of a Trustee solely because the Trustee is or was an officer or employee of the party, or the party appointed the Trustee.
Appears in 4 contracts
Samples: Joint Trust Agreement, Municipal Retiree Benefit Trust Agreement, Municipal Pension Plan Joint Trust Agreement
No Liability for Trustees Appointed. A party who appoints or nominates an individual to be a Trustee is not liable for any of the acts or obligations of a that Trustee solely because the Trustee is or was an officer or employee of the party, or the party appointed or nominated the Trustee.
Appears in 1 contract
Samples: Joint Trust Agreement
No Liability for Trustees Appointed. β A party who appoints or nominates an individual to be a Trustee is not liable for any of the acts or obligations of a that Trustee solely because the Trustee is or was an officer or employee of the party, or the party appointed or nominated the Trustee.
Appears in 1 contract
Samples: Joint Trust Agreement
