50-6A-37. No personal liability on bonds unless debt limitation exceeded.
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/sd/title-50/chapter-50-6/50-6a-37·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Neither the commissioners of an authority nor any person executing such bonds shall be liable personally thereon by reason of the issuance thereof, except to the extent that the bonds, if constituting an indebtedness, exceed any applicable limitation or restriction.