Article VIII
Liability

1. The Association shall indemnify its Officers from any liability arising from the action or failure to act under or pursuant to the provisions of the Articles of the Association and its Bylaws or any rules or regulations adopted hereunder, provided that such Officer shall have proceeded in good faith and without malice.
2.  The Association shall maintain liability insurance for the purpose of defending any Officer from claims, suits and other legal actions brought by any third party and arising out of the Officers performance of their duties subject to the indemnification clause above.