South Dakota Codified Laws 9-41A-49. Officers and members of agency not personally liable on bonds or notes
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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.
Terms Used In South Dakota Codified Laws 9-41A-49
- Person: includes natural persons, partnerships, associations, cooperative corporations, limited liability companies, and corporations. See South Dakota Codified Laws 2-14-2
Source: SL 1978, ch 66, § 43.