Indiana § 5-1.2-4-17 Personal liability for acts authorized by affected statutes

Indiana Statutes

§ 5-1.2-4-17 — Personal liability for acts authorized by affected statutes

Indiana § 5-1.2-4-17

Title 5STATE AND LOCAL ADMINISTRATION

Art. 1.2INDIANA FINANCE AUTHORITY

Ch. 4General Powers and Duties

This text of Indiana § 5-1.2-4-17 (Personal liability for acts authorized by affected statutes) 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 § 5-1.2-4-17 (2026).

Text

The members of the authority, the officers
and employees of the authority, the public finance director, any agents
of the authority, and any other persons executing bonds issued under
the referenced statutes are not subject to personal liability or
accountability by reason of any act authorized by the referenced
statutes, including without limitation the issuance of bonds, the failure
to issue bonds, the execution of bonds, and the making of guarantees.

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The members of the authority, the officers
and employees of the authority, the public finance director, any agents
of the authority, and any other persons executing bonds issued under
the referenced statutes are not subject to personal liability or
accountability by reason of any act authorized by the referenced
statutes, including without limitation the issuance of bonds, the failure
to issue bonds, the execution of bonds, and the making of guarantees.