Who is liable in a PMA?

Question: 

Can someone please tell me what kind of liability protection a 508(c)(1)(a) may offer an an unincorporated ministry?  I've been reading some case law, and it appears that is there is a legal action taken, they can go after the officers.  Can anyone help to clarify?  

Answers:

So in your documents, it states no trustee is liable ... that only the Association is responsible. AND, your members are agreeing to keep all business in the private domain/not to sue/etc. That being said, we carry 1-2 million of insurance for each freedom market we hold in NJ. Its just easier than worrying. Most general liability insurance will run 700-1400 per year.  (Angela Gasior)

I have something important you should know! Check this out .... CFR 1010.230 applies ONLY to legal entities ... unincorporated associations are not "legal" as they are not registered entities. Hopefully no one reads this wrong ... let me clarify that PMAs are lawful and legal things to do ... but the entity itself isn't a "legal entity" according to CFR 1010.230 and thus not subject to this Certificate of Beneficiary request all banks try to foist on PMAs. It does not apply to Unincorp. Assoc. at all ... Def read it! So cool, I only discovered this when the evangelical christian credit union rejected my request for an account with them, citing this law. Guess what? It doesn't apply to us ? YAY!!!! (Angela Gasior)