{"data":{"id":"us-ut/utah-code-7-9-50","jurisdiction":"us-ut","citation":"Utah Code § 7-9-50","heading":"General limitation on liability.","body":"A director, supervisory committee member, credit committee member, or officer is not liable to the credit union, its members, its depositors, any conservator or receiver, or any assignee or successor-in-interest thereof, for any action taken, or any failure to take any action, as a director, supervisory committee member, credit committee member, or officer, as the case may be, unless:\n(1) the director, supervisory committee member, credit committee member, or officer has breached or failed to perform the duties of the office in compliance with this title; and\n(2) the breach or failure to perform constitutes gross negligence, willful misconduct, or intentional infliction of harm on the credit union or its members.","path":["Title 7 Financial Institutions Act","Chapter 7-9 Utah Credit Union Act"],"source_url":"https://le.utah.gov/xcode/Title7/Chapter9/7-9-S50.html","current_through":"2026 General Session","vintage":"","retrieved_at":"2026-09-03T11:34:33Z","sha256":"35fcdfcdea4cf256796c40ebbb8d6c3924650310f53ea8cd9515f0bb02074c57","source_id":"us-ut","stale":false,"prev":"us-ut/utah-code-7-9-49","next":"us-ut/utah-code-7-9-51"},"notice":"GroundRules: Original legal text. Not legal advice."}