Regl. 3288, art. 18
Immunity and Indemnification. The Trustee
Length: 105 wordsOfficial source
Cite as Reglamento Núm. 3288, Art. 18
shall not incur personal liability of any nature in connection
with any act or omission, made in good faith, in the
administration of this Trust, or in carrying out any directions
by the Grantor or the EQB Chairman issued in accordance with this
Agreement. The Trustee shall be indemnified and saved harmless
by the Grantor or from the Trust Fund, or both, from and against
any personal liability to which the Trustee may be subjected by
reason of any act or conduct in its official capacity, including
all expenses reasonably incurred in its defense in the event the
Grantor fails to provide such defense.
9