Michigan Compiled Laws § 324.50164 Liability On Bonds.

324.50164 Liability on bonds.

Sec. 50164.

Neither the members of the board of a district nor a person executing the bonds is personally liable on the bonds or subject to personal liability or accountability by reason of the board's issuance or the person's execution of the bonds.

History: Add. 1995, Act 57, Imd. Eff. May 24, 1995
Popular Name: Act 451
Popular Name: NREPA

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Last modified: October 10, 2016