N.Y. Public Authorities Law § 1021-o: Limitation of liability; indemnification

§ 1021-o. Limitation of liability; indemnification. 1. The directors,

officers and employees of the authority, while acting within the scope

of their authority as directors, officers or employees, 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 power

unless the conduct of the directors, officers or employees is finally

determined by a court of competent jurisdiction to constitute

intentional wrongdoing or recklessness.

2. The provisions of section eighteen of the public officers law shall

apply to directors, officers and employees 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 actions taken pursuant to the powers of this title.

3. As used in this section, the terms "director", "officer" and

"employee" shall include a former director, officer or employee and his

or her estate or judicially appointed personal representative.

4. Nothing in this section shall limit the obligations of a

"director," "officer," or "employee" of the authority or of a subsidiary

of the authority as a "person required to collect tax," as such term is

defined in article twenty-eight of the tax law, if such director,

officer or employee is, or was, under a duty to act for the authority or

subsidiary, or both, as the case may be, in complying with any

requirement of article twenty-eight or related provision of article

twenty-nine of the tax law.