Michigan Laws 331.74 – Authority members; persons executing notes or bonds; personal liability
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Terms Used In Michigan Laws 331.74
- person: may extend and be applied to bodies politic and corporate, as well as to individuals. See Michigan Laws 8.3l
Neither the members of any authority nor any person executing the notes or bonds shall be liable personally on the notes or bonds or be subject to any personal liability or accountability by reason of the issuance thereof.