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Form a Business

Personal liability as to notes or bonds.

MCL 390.934
in effect
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390.934. Personal liability as to notes or bonds. 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. Add. 1972, Act 306, Eff. Mar. 30, 1973
Source: Michigan Legislature (legislature.mi.gov)URL: https://legislature.mi.gov/Laws/MCL?objectName=mcl-390-934Fetched: 10/20/2026

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