(b) The venue of every action, suit or special proceeding brought against the fund shall be laid in the county in which the cause of action arose for all claims which arise within the city of New York, or in the county of New York.
(c) Neither any trustee of the fund nor any officer, employee, or agent of the fund, while acting within the scope of his authority, shall be subject to any personal liability resulting from the providing of facilities for the city university or from any other exercise or carrying out of any of the fund's purposes or powers.
(d) Upon an appeal taken by the city university construction fund in any action or other proceeding to which the fund is a party, the service of notice of appeal shall perfect the appeal and shall stay the execution of the judgment or order appealed from without any undertaking or other security being furnished by the fund.
(e) No provision of this article shall be construed as a defense and indemnification provision within the meaning of section eighteen of the public officers law or any other similar law or as otherwise precluding any employee, as defined in said section of the public officers law, of the fund from recourse to the provisions thereof.