Part 3Administration of societies
Committee and officers: Officer ceasing to hold office
51Former officer remains liable for past acts, omissions, and decisions
Despite vacating office as an officer, a person who has held office as an officer remains liable under the provisions of this Act that impose liabilities on officers for acts and omissions and decisions made while that person was an officer.
See, however, the Limitation Act 2010, which provides defences to certain claims that are filed after an applicable period of time (for example, 6 years after the date of the act or omission on which the claim is based).
Compare
- 1993 No 105 s 157(3)


