63. No proceedings may be brought against a recognized organization, the members of its board of directors, a committee formed by the organization, or the organization’s personnel for acts performed in good faith in the exercise of the functions or powers delegated to them in accordance with this chapter or in the exercise of functions relating to the supervision or regulation of the conduct of the organization’s members or participants.
The same rule applies to every person or organization referred to in Chapter II of Title X of the Securities Act (chapter V-1.1) when that person or organization exercises a function or power of a person referred to in the first paragraph.
2002, c. 45, s. 63; 2004, c. 37, s. 90; 2006, c. 50, s. 115; 2018, c. 232018, c. 23, s. 6211.