Liability protection
10 (1) In this section, "protected individual" means any of the following individuals:
(a) a member of the board of directors;
(b) a member of the licensing board;
(c) the president, or another officer or employee, appointed under section 5.
(2) No legal proceeding for damages lies or may be commenced or maintained against a protected individual because of anything done or omitted
(a) in the performance or intended performance of any duty under this Act, or
(b) in the exercise or intended exercise of any power under this Act.
(3) Subsection (2) does not apply to a person referred to in that subsection in relation to anything done or omitted by that person in bad faith.
(4) Subsection (2) does not absolve the corporation from vicarious liability for an act or omission by a person referred to in subsection (1) (a) or (c) for which the corporation would be vicariously liable if this section were not in force.
(5) Subsection (2) does not absolve the government from vicarious liability for an act or omission by a person referred to in subsection (1) (b) for which the government would be vicariously liable if this section were not in force