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Chapter 446A
Section 446A.17
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Recent History
- 2007 Subd. 1 Amended 2007 c 96 art 1 s 14
- 2004 446A.17 Amended 2004 c 272 art 4 s 3
This is an historical version of this statute chapter. Also view the most recent published version.
446A.17 Nonliability.
Subdivision 1. Nonliability of individuals. No member of the authority or other person executing the bonds is liable personally on the bonds or is subject to any personal liability or accountability by reason of their issuance.
Subd. 2. Nonliability of state. The state is not liable on bonds of the authority issued under this chapter and those bonds are not a debt of the state. The bonds must contain on their face a statement to that effect.
HIST: 1988 c 546 s 10
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