35. If a member of the board of directors is sued by a third party for an act carried out in the exercise of the functions of office, the institute assumes the member’s defence and pays any damages awarded as compensation, unless the member committed a gross fault or a personal fault separable from those functions.
In penal or criminal proceedings, however, the institute pays the defence costs of a member of the board only if the member is discharged or acquitted or if the institute judges that the member acted in good faith.