Michigan Compiled Laws § 125.1429 Notes And Bonds; Personal Liability Of Members Of Authority.

125.1429 Notes and bonds; personal liability of members of authority.

Sec. 29.

Neither the members of the authority nor any person executing the notes or bonds shall be liable personally on the notes or bonds or be subject to any personal liability or accountability by reason of the issuance thereof.

History: 1966, Act 346, Eff. Mar. 10, 1967

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Last modified: October 10, 2016