Michigan Compiled Laws § 390.934 Personal Liability As To Notes Or Bonds.


390.934 Personal liability as to notes or bonds.

Sec. 14.

A member of the authority or a person executing the notes or bonds is not personally liable on the notes or bonds or subject to any personal liability or accountability by reason of the issuance or nonissuance thereof.


History: Add. 1972, Act 306, Eff. Mar. 30, 1973


Section: Previous  390.922  390.923  390.924  390.925  390.925a  390.926  390.927  390.928  390.929  390.930  390.931  390.932  390.933  390.934  

Last modified: October 10, 2016