Neither the members of the council nor any other person executing the bonds issued under the Hospital Equipment Loan Act shall be subject to personal liability in connection with issuance of the bonds.
§ 58-23-25 NMSA 1978
Council members; limitation on personal liability
Known as the Hospital Equipment Loan Act
The act spans §§ 58–58 (33 sections).
Laws 1983, ch. 290, § 25.
Official source: NMOneSource (New Mexico Compilation Commission). Reproduced from public-domain New Mexico statutes; confirm against the official source for the current text. Not legal advice.