Limited Liability of Shareholders. A. The Trustees shall have no power to bind the Shareholders to personal liability. All persons dealing with PREIT, or with any agent of PREIT and/or the Trustees, shall look only to the Trust Property for the payment of any sums due as a result of such dealing and personal liability shall not attach to any Shareholder for any act, omission or liability of a Trustee or PREIT.
Appears in 10 contracts
Samples: Trust Agreement, Trust Agreement, Trust Agreement (Pennsylvania Real Estate Investment Trust)