S.D. Codified Laws § 50-6A-37

Current through the 2024 Legislative Session

Section 50-6A-37 - No personal liability on bonds unless debt limitation exceeded

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.

SDCL 50-6A-37

SL 1976, ch 303, § 14.