Liability of governing body, sponsor, board and employees; employment of governing body member

(A) The governing body of a charter school may sue and be sued. The governing body may not levy taxes or issue bonds. (B) An authorizer is not liable for any of the debts of the charter school. (C) A local school district, authorizer, members of the board or area commission of an authorizer, and employees of an authorizer acting in their official capacity are immune from civil or criminal liability with respect to all activities related to a charter school they authorize. The governing body of a charter school shall obtain at least the amount of and types of insurance required for this purpose. (D) A member of a school governing body may not receive pay as an employee in the same school.