Statutes, codes, and regulations
Arkansas Code of 1987
Title 15 - NATURAL RESOURCES AND ECONOMIC DEVELOPMENTSubtitle 1 - DEVELOPMENT OF ECONOMIC AND NATURAL RESOURCES GENERALLYChapter 4 - DEVELOPMENT OF BUSINESS AND INDUSTRY GENERALLY
Subchapter 4 - JOBS CREATION BY STIMULATING SMALL BUSINESS GROWTH ACT OF 1985
Section 15-4-414 - No personal liability

Ark. Code § 15-4-414

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Current with legislation from 2024 Fiscal and Special Sessions.
Section 15-4-414 - No personal liability

Neither the members of the Arkansas Economic Development Council nor officials or employees of the Arkansas Economic Development Commission or the Division of Minority Business Enterprise of the Arkansas Economic Development Commission executing bonds or notes pursuant to this subchapter shall be liable personally on such bonds or notes by reason of the issuance thereof.

Ark. Code § 15-4-414

Acts 1985, No. 869, § 8; A.S.A. 1947, § 9-576; Acts 1997, No. 540, § 27.