                                 CODE OF VIRGINIA

CIVIL IMMUNITY FOR OFFICERS AND DIRECTORS OF CERTAIN NONPROFIT ORGANIZATIONS (§
8.01-220.1:4)

A. Directors and officers of any entity created to ensure the implementation in
the Commonwealth of a national tobacco trust established to provide payments to
tobacco growers and tobacco quota owners to ameliorate adverse economic
consequences resulting from a national settlement of states&#8217; claims
against tobacco manufacturers shall be immune from civil liability for acts
taken in their capacities as officers or directors of such entities.

B. The liability of an officer or director shall not be limited as provided in
this section if the officer or director was grossly negligent or engaged in
willful misconduct or a knowing violation of the criminal law.

HISTORY: 2000, c. 1048.