2025 MFTHBA Rulebook

27 in law or equity, against the MFTHBA in any courts other than those Federal or State courts located in the State of Missouri, with exclusive venue in Douglas County Missouri. (See also Bylaws, Article IV Membership & Eligibility). 6. Following Federal or State court decision on any MFTHBA final decision, action or rule contested by either a member or non-member, if the MFTHBA’s decision, action or rule is not reversed or overturned, the member or non-member bringing the action shall reimburse the MFTHBA for all reasonable fees for attorneys, court costs and other expenses incurred by the MFTHBA in defense of the lawsuit. Section 6. Liability of Directors: A. The Board of Directors shall not be liable, individually or collectively, for any act performed or not performed on behalf of the MFTHBA, where such act is performed or not performed in good faith. No officer or board member shall be held liable for an act performed or not performed in good faith and for the benefit of the MFTHBA, and they shall be held harmless and be indemnified by the MFTHBA. The Board of Directors shall be liable for debts incurred by the MFTHBA only to the extent of the legal assets of the MFTHBA. Neither the Board of Directors nor the members, officers or agents of the MFTHBA, present or future, shall be personally liable for any claim or demands regarding the MFTHBA.