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Code · Iowa · Chapter 390 — Joint Electrical Utilities

390.23 No personal liability on public bonds or obligations.

60 words·~1 min read·/ia/chapter-390-joint-electrical-utilities/390-23·

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

An official, director, member of an electric power agency, or any person executing public bonds or obligations shall not be liable personally on the public bonds or obligations or be subject to any personal liability or accountability by reason of the issuance of such public bonds or obligations.
2001 Acts, 1st Ex, ch 4, §31, 36
CS2001, §476A.34
C2011, §390.23
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