Statutes > New Mexico Statutes > Chapter 21 - State and Private Education Institutions. > Article 28 - University Research Park, 21-28-1 through 21-28-25. > Section 21-28-14 - Limitation of liability.

Section 21-28-14 - Limitation of liability.

21-28-14. Limitation of liability.

The members of the board of directors of a research park corporation, while acting within the scope of their authority, and any person acting in their behalf, while acting within the scope of the person's authority, shall not be personally liable for the corporation's obligations.