(a) It shall be plainly stated on the face of each bond that it has been issued under this subchapter, and the bonds issued shall be obligations only of the State Highway Commission and shall be special obligations, secured solely by pledges of turnpike project revenues or specifically designated federal grants.
(b) No member of the commission shall be personally liable on the bonds or for any damages sustained by anyone in connection with any contracts entered into in carrying out the purposes and intent of this subchapter, unless that member shall have acted with a corrupt intent.
Section: Previous 27-90-202 27-90-203 27-90-204 27-90-205 27-90-206 27-90-207 27-90-208 27-90-209 27-90-210 27-90-211 27-90-212 27-90-213 27-90-214 27-90-215 NextLast modified: November 15, 2016