Statutes > New Mexico Statutes > Chapter 58 - Financial Institutions and Regulations. > Article 24 - Industrial and Agricultural Finance Authority, 58-24-1 through 58-24-24. > Section 58-24-18 - Limitation of liability.

Section 58-24-18 - Limitation of liability.

58-24-18. Limitation of liability.

Neither the members of the board nor any person acting in its behalf, while acting within the scope of their authority, shall be subject to any personal liability resulting from carrying out any of the powers given in the Industrial and Agricultural Finance Authority Act [58-24-1 NMSA 1978].