Texas § 53.352 LIMITATION ON LIABILITY OF CORPORATION.

Texas Statutes

§ 53.352 — LIMITATION ON LIABILITY OF CORPORATION.

Texas § 53.352

Code EDEducation Code

This text of Texas § 53.352 (LIMITATION ON LIABILITY OF CORPORATION.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tex. Education Code Code Ann. § 53.352 (2026).

Text

Sec. 53.352. LIMITATION ON LIABILITY OF CORPORATION. A director, officer, or employee of the nonprofit corporation established by the Texas Public Finance Authority under Section 53.351 is not personally liable:

(1)for damage, loss, or injury resulting from the performance of the person's duties under Section 53.351 ; or

(2)on any commitment or agreement executed on behalf of the corporation under Section 53.351 .

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Sec. 53.352. LIMITATION ON LIABILITY OF CORPORATION. A director, officer, or employee of the nonprofit corporation established by the Texas Public Finance Authority under Section 53.351 is not personally liable:
(1) for damage, loss, or injury resulting from the performance of the person's duties under Section 53.351 ; or
(2) on any commitment or agreement executed on behalf of the corporation under Section 53.351 .