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Budget Implementation Act, 1998

Version of section 19 from 2003-01-01 to 2010-10-19:

Marginal note:Insurance

 The Foundation may purchase and maintain insurance for the benefit of any director or officer of the Foundation against any liability incurred by the director or officer in the capacity of a director or officer of the Foundation, except if the liability relates to a failure to act honestly and in good faith with a view to the best interests of the Foundation.

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