207.Section 145 allows a member of a governing body of an FE corporation to apply to the courts to be relieved fully or partially from an actual or potential personal liability if the court finds that the governor has acted honestly and reasonably. The courts will have discretion according to the merits of the individual case. Liability arising from criminal acts cannot be avoided by using this section.
Commentary on Sections Part V - Miscellaneous and General Section 145: FE governors’ liability