Arkansas Statutes
§ 20-48-506 — Nonliability of board members for bonds - Exception
Arkansas § 20-48-506
JurisdictionArkansas
Title20
This text of Arkansas § 20-48-506 (Nonliability of board members for bonds - Exception) is published on Counsel Stack Legal Research, covering Arkansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Ark. Code Ann. § 20-48-506 (2026).
Text
No member of the Board of Developmental Disabilities Services shall be personally liable on any bonds issued pursuant to this subchapter, or for any damages sustained by anyone in connection with agreements and contracts authorizing or pertaining to the bonds of any issue pursuant to this subchapter or the carrying out of any other authority conferred by this subchapter, unless the member involved has acted with a corrupt intent.
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Legislative History
Acts 1963, No. 186, § 5; A.S.A. 1947, § 59-1121.
Nearby Sections
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§ 20-10-1001
Title§ 20-10-1002
Intent§ 20-10-1003
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Disposition of civil penalties§ 20-10-1009
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Definitions§ 20-10-103
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Bluebook (online)
Arkansas § 20-48-506, Counsel Stack Legal Research, https://law.counselstack.com/statute/ar/20-48-506.