Michigan Statutes
§ 390.1163 — Personal liability.
Michigan § 390.1163
JurisdictionMichigan
Ch. 390UNIVERSITIES AND COLLEGES
Act 222 of 1975HIGHER EDUCATION LOAN AUTHORITY ACT (390.1151-390.1165)
This text of Michigan § 390.1163 (Personal liability.) is published on Counsel Stack Legal Research, covering Michigan primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Mich. Comp. Laws § 390.1163 (2026).
Text
HIGHER EDUCATION LOAN AUTHORITY ACT (EXCERPT) Act 222 of 1975 390.1163 Personal liability. Sec.
13.A member of the authority or a person executing the notes, bonds, or other obligations of the authority is not personally liable for the repayment of the note, bond, or other obligation or subject to personal liability or accountability by reason of the issuance or nonissuance thereof.
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Legislative History
1975, Act 222, Eff. Oct. 1, 1975
Nearby Sections
15
§ 390.10
§ 390.10§ 390.1022
Qualifications for state payments.§ 390.1024
§ 390.1024§ 390.1025
Appropriations authorized.§ 390.1027
Eligibility to receive funds.Cite This Page — Counsel Stack
Bluebook (online)
Michigan § 390.1163, Counsel Stack Legal Research, https://law.counselstack.com/statute/mi/390/390.1163.