What's D&O Liability ? Is this right ? Our insurance company knows nothing about this. California Civil Code 5800 Limitation of Officer & Director Liability. CC5800 (e) states – “This section shall only apply to a volunteer or director who is a tenant of a separate interest in the common interest development or is an owner of no more than two separate interests in the common interest development”. I would think most HOA’s have an Owner with more than two units ?