Indiana Statutes
§ 5-1-17.5-20 — Personal liability of directors
Indiana § 5-1-17.5-20
JurisdictionIndiana
Title 5STATE AND LOCAL ADMINISTRATION
Art. 1BONDS AND OTHER OBLIGATIONS
Ch. 17.5Motorsports Investment District
This text of Indiana § 5-1-17.5-20 (Personal liability of directors) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Ind. Code § 5-1-17.5-20 (2026).
Text
The directors of the board are not subject to personal liability or accountability by reason of any act authorized by this chapter with respect to the:
(1)issuance of any obligations;
(2)execution of any lease or sublease; or
(3)execution of any other agreement under this chapter.
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Legislative History
As added by P.L.233-2013, SEC.5.
Nearby Sections
15
§ 5-1-1-1
Validation§ 5-1-1-2
Repealed§ 5-1-10-1
Issuance; purpose; restrictions§ 5-1-11-7
Restrictions on powers§ 5-1-11.5-1
"ADM"§ 5-1-11.5-2
"Bonds"§ 5-1-11.5-3
Application to certain school corporations§ 5-1-12-1
"Municipal corporation" definedCite This Page — Counsel Stack
Bluebook (online)
Indiana § 5-1-17.5-20, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/5-1-17.5-20.