Michigan Code § 125.1429

Notes and Bonds; Personal Liability of Members of Authority.
Open in Lexace · Ask the AI about this section
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

‹ Prev All Michigan sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.