§ 46-74. Liability; insurance.

Neither the board nor any of its individual members shall have any personal liability for any action taken in good faith. The trustees individually and the board as a whole shall be entitled to the protections in F. S. § 768.28. The trustees shall also be authorized to purchase from the assets of the fund, errors and omission insurance to protect the trustees in the performance of their duties. Such insurance shall not provide protection against a trustee's fraud, intentional misrepresentation, willful, misconduct or gross negligence.

(Code 1986, § 5.024(n); Ord. No. 03-14, § 24, 6-17-2003)