Ark. Code § 20-48-506

Current with legislation from 2024 Fiscal and Special Sessions.
Section 20-48-506 - Nonliability of board members for bonds - Exception

No member of the Board of Developmental Disabilities Services shall be personally liable on any bonds issued pursuant to this subchapter, or for any damages sustained by anyone in connection with agreements and contracts authorizing or pertaining to the bonds of any issue pursuant to this subchapter or the carrying out of any other authority conferred by this subchapter, unless the member involved has acted with a corrupt intent.

Ark. Code § 20-48-506

Acts 1963, No. 186, § 5; A.S.A. 1947, § 59-1121.