Arkansas Statutes
§ 20-48-506 — Nonliability of board members for bonds - Exception
Arkansas·Title 20
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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Arkansas § 20-48-506 (Nonliability of board members for bonds - Exception) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Acts 1963, No. 186, § 5; A.S.A. 1947, § 59-1121.
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