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Code · South Dakota · Title 9 · Chapter 9-41

9-41A-49. Officers and members of agency not personally liable on bonds or notes.

44 words·~1 min read·/sd/title-9/chapter-9-41/9-41a-49

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

Neither the officials, the directors, nor the members of a municipal power agency nor any person executing bonds or notes shall be liable personally on the bonds or notes or be subject to any personal liability or accountability by reason of the issuance thereof.
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