LIMITATION ON LIABILITY OF CORPORATION
Known as the Higher Education Facility Authority for Public Schools Act
The act spans §§ 53–53 (28 sections).
Added by Acts 2015, 84th Leg., R.S., Ch. 800 (H.B. 2851), Sec. 2, eff
A director, officer, or employee of the nonprofit corporation established by the Texas Public Finance Authority under Section 53.351 is not personally liable:
(1) for damage, loss, or injury resulting from the performance of the person's duties under Section 53.351; or
(2) on any commitment or agreement executed on behalf of the corporation under Section 53.351.
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.