The Board has gotten away with murder since the Koerners involvement. This is to protect Board Members from when they break the rules!

The Association must indemnify any current or previous Director, officer, committee member, employee, or agent who was or is a party or is threatened to be made a party to any threatened, pending, or completed action, suit, or proceeding in accordance with this section. Indemnification for legal defense costs will be made in all cases
regardless of whether the action is civil, criminal, administrative, or investigative (other than an action by the Association) by reason of the fact that such person is or was a Director, officer, committee member, employee, or agent of the Association, or is or was serving at the request of the Association as a Director, officer, committee member, employee,
or agent of another corporation, partnership, joint venture, trust, or other enterprise, against expenses (including attorneys’ fees), judgments, fines, and amounts paid in settlement actually and
reasonably incurred by the person in connection with the suit, action, or proceeding. However, if the Director, officer, committee member, employee, or agent is adjudged to have committed a criminal, grossly negligent, or intentionally unlawful act, then the Association has no duty to indemnify for any judgment, and the Association may maintain an
action against the Director, officer, committee member, employee, or agent to recover the legal defense costs expended therein.

The Board currently has too much control and this will only embolden them. You screw up and you pay!

Vote No