Neither the officers of the bank nor any person executing the bonds of the bank or a special purpose trust shall be personally liable for the bonds or be subject to any personal liability or accountability by reason of the issuance thereof.
Cal. Gov. Code § 63076
Revenue Bonds
Known as the Bergeson-Peace Infrastructure and Economic Development Bank Act
The act spans §§ 63000–63087 (36 sections).
Amended by Stats. 1995, Ch. 863, Sec. 32
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.