Section 125.1429 - Notes and bonds; personal liability of members of authority.
STATE HOUSING DEVELOPMENT AUTHORITY ACT OF 1966 (EXCERPT)
Act 346 of 1966
125.1429 Notes and bonds; personal liability of members of authority.
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