Section 22-21-242

Published: 2015

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Section 22-21-242

Section 22-21-242Liability of hospitals and dentists as participants in trusts.

No hospital or dentist who or which is a participant in such a trust, as a grantor, member, beneficiary or otherwise, shall be liable or obligated to the trust, to the trustee, to any other grantor, member or beneficiary, to any creditor of the trust or to any other person by virtue of his or its participation other than for the payment of his or its full agreed contribution to the trust in accordance with the trust agreement. Without limiting the generality of the foregoing, no participating hospital or dentist shall incur any other liability of any nature whatever because of or arising out of his or its participation in such a trust.

(Acts 1977, No. 166, p. 226, §4; Acts 1978, 2nd Ex. Sess., No. 24, p. 1703, §3.)