Statutes > Arkansas Statutes > Title 15 - Natural Resources and Economic Development > Subtitle 1 - Development Of Economic And Natural Resources Generally > Chapter 5 - Arkansas Development Finance Authority > Subchapter 3 - Arkansas Development Finance Authority Act -- Bonds > § 15-5-316 - No personal liability.

§ 15-5-316 - No personal liability.

15-5-316. No personal liability.

No director or officer of the Arkansas Development Finance Authority shall be liable personally for any reason arising from the issuance of bonds under this subchapter unless he or she shall have acted with a corrupt intent.