Tennessee Code 45-1-111 – Limitation of personal liability
Current as of: 2024 | Check for updates
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Terms Used In Tennessee Code 45-1-111
- Commissioner: means the commissioner of financial institutions. See Tennessee Code 45-1-103
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
- Department: means the department of financial institutions. See Tennessee Code 45-1-103
- Good faith: means honesty in fact in the conduct or transaction concerned. See Tennessee Code 45-1-103
- Person: means an individual, corporation, firm, trust, estate, partnership, joint venture, or association. See Tennessee Code 45-1-103
Neither the commissioner nor any other employee of the department shall be liable in any civil action for damages for any act done or omitted in good faith in performing the duties of the person‘s office.