Any resolution passed by the General Assembly to discharge the board of directors from liability shall not give rise to lapse of the liability lawsuit against the Directors due to the errors committed by them in the course of performing their duties. If the act giving rise to liability has been presented to and approved by a General Assembly, the liability lawsuit shall lapse upon the expiry of one year of the date of such General Assembly Meeting. However, if the act ascribed to the Directors is a criminal offence, the lawsuit shall only lapse when the criminal case lapses.
Interpretation and application must be checked against the official text and current version.
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