Statute · United States Code
44 U.S.C. § 2303 — Powers and obligations of the Board; liability of members
44 U.S.C. § 2303
- Type
- Statute
- Source
- United States Code
- Jurisdiction
- Federal
- Date
- 2025-01-06
- Topic
- bankruptcy
Except as otherwise provided by this chapter, the Board shall have all the usual powers and obligations of a trustee with respect to property and funds administered by it, but the members of the Board are not personally liable, except for malfeasance.
Citator
44 U.S.C. § 2303 — Powers and obligations of the Board; liability of members is in force in the current edition of the Code, and nothing recorded condemns it.
Except as otherwise provided by this chapter, the Board shall have all the usual powers and obligations of a trustee with respect to property and funds administered by it, but the members of the Board are not personally liable, except for malfeasance.