South Dakota Statutes

§ 50-6A-37 — No personal liability on bonds unless debt limitation exceeded.

South Dakota·Title 50 AVIATION·Ch. 50-6A REGIONAL AIRPORT AUTHORITIES
Neither the commissioners of an authority nor any person executing such bonds shall be liable personally thereon by reason of the issuance thereof, except to the extent that the bonds, if constituting an indebtedness, exceed any applicable limitation or restriction.

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South Dakota § 50-6A-37 (No personal liability on bonds unless debt limitation exceeded.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

SL 1976, ch 303, § 14.

Nearby Sections

15
§ 50-1-1
Definitions.
§ 50-1-2
Repealed
§ 50-1-3
Repealed
§ 50-10-1
Repealed
§ 50-10-2
Repealed.
§ 50-10-2.1
Repealed.
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