(a) Except for instances of gross negligence, individual criminal actions, or acts of dishonesty, the foundation’s members, directors, officers, and employees are not individually liable to a cotton grower or other person for:
(1) errors in judgment;
(2) mistakes; or
(3) other acts or omissions.
(b) A foundation member, officer, or employee is not individually liable for an act or omission of another foundation member, officer, or employee.

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Terms Used In Texas Agriculture Code 74.110

  • Person: includes corporation, organization, government or governmental subdivision or agency, business trust, estate, trust, partnership, association, and any other legal entity. See Texas Government Code 311.005