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Mich. Comp. Laws § 390.934

Personal liability as to notes or bonds

Add. 1972, Act 306, Eff

Sec. 14. A member of the authority or a person executing the notes or bonds is not personally liable on the notes or bonds or subject to any personal liability or accountability by reason of the issuance or nonissuance thereof.

Official source: Michigan Legislature. Reproduced from public-domain Michigan statutes; confirm against the official source for the current text. Not legal advice.