A person who serves as a volunteer, including a director, credit committee member, or supervisory committee member, of a federal or state -chartered credit union is immune from civil liability for any act or omission resulting in damage or injury if at the time of the act or omission all of the following are met: 1. The volunteer was acting in good faith and in the scope of that person's official duties as a volunteer of the credit union. 2. The act or omission did not constitute willful misconduct or gross negligence on the part of the volunteer. 3. The volunteer did not receive or expect to receive reimbursement for or payment of expenses in excess of five thousand dollars per year for expenses actually incurred as a result of providing services as a volunteer of the credit union and did not receive or expect to receive compensation or anything in lieu of compensation as payment for services provided as a volunteer of the credit union. This section does not grant immunity to any person causing damage as the result of the negligent operation of a motor vehicle.
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