Massachusetts General Laws ch. 175 sec. 94K – Advisory committee
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Section 94K. An advisory committee or other similar committee or board, composed of not less than three subscribers, shall be elected or appointed by each exchange in the manner provided by the power of attorney, which committee or board shall have the authority and duties provided therein. Notwithstanding the provisions of any general or special law to the contrary, no member of the advisory committee shall be subject to an action for libel or slander arising out of the conduct of such member in the reasonable performance of his duties.
Terms Used In Massachusetts General Laws ch. 175 sec. 94K
- Power of attorney: A written instrument which authorizes one person to act as another's agent or attorney. The power of attorney may be for a definite, specific act, or it may be general in nature. The terms of the written power of attorney may specify when it will expire. If not, the power of attorney usually expires when the person granting it dies. Source: OCC