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MICHIGAN STATUTES AND CODES
Section 331.74 - Authority members; persons executing notes or bonds; personal liability.
HOSPITAL FINANCE AUTHORITY ACT (EXCERPT)
Act 38 of 1969
331.74 Authority members; persons executing notes or bonds; personal liability.
Act 38 of 1969
331.74 Authority members; persons executing notes or bonds; personal liability.
Sec. 44.
Neither the members of any authority nor any person executing the notes or bonds shall be liable personally on the notes or bonds or be subject to any personal liability or accountability by reason of the issuance thereof.
History: 1969, Act 38, Imd. Eff. July 14, 1969
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