HIGHER EDUCATION FACILITIES AUTHORITY ACT (EXCERPT)
Act 295 of 1969

390.934 Personal liability as to notes or bonds.

Sec. 14.

A member of the authority or a person executing the notes or bonds is not personally liable on the notes or bonds or subject to any personal liability or accountability by reason of the issuance or nonissuance thereof.

History: Add. 1972, Act 306, Eff. Mar. 30, 1973

Rendered 8/17/2025 3:14 PM
Michigan Compiled Laws Complete Through PA 5 of 2025
Courtesy of legislature.mi.gov