# Council Regulation (EC) No 723/2009 of 25 June 2009 on the Community legal framework for a European Research Infrastructure Consortium (ERIC), Article 14: Liability and insurance

Extent: E+W+S+N.I.

1. An ERIC shall be liable for its debts.
2. The financial liability of the members for the debts of the ERIC shall be limited to their respective contributions provided to the ERIC. The members may specify in the Statutes that they will assume a fixed liability above their respective contributions or unlimited liability.
3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
4. The Community shall not be liable for any debt of the ERIC.

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Source: https://www.legislation.gov.uk/eur/2009/723/article/14 (the official version)
Page: https://openlegislation.uk/eu-regulation-2009-723/article-14
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.