(A) The Airport Board has and shall continue to maintain errors and omissions insurance covering the members of the local Airport Board.
(B) In the event an action is initiated which results in a judgment award against the Board or any of its members for which standard errors and omissions insurance would provide coverage, the county shall hold harmless said Board member or members, as the case may be, from any personal liability resulting from said action which would exceed the coverage provided by the current insurance policy or policies in force at the time of said action.
(C) The County Fiscal Court hereby declares that an emergency does exist and pursuant to the provisions of KRS 67.078(2) suspends the requirements of KRS 67.077.
(D) This section becomes effective immediately upon passage and publication.
(Ord. KOC 150.2, passed 6-5-1986)