Personal Liability on Bonds or Notes.

  1. Law
  2. Michigan Compiled Laws
  3. Natural Resources and Environmental Protection
  4. 451 of 1994 - Natural Resources and Environmental Protection Act (324.101 - 324.90106)
  5. Natural Resources Management (324.30101...324.83109)
  6. Chapter 2 Management of Renewable Resources (324.40101...324.53519)
  7. Subchapter 4 Forests (324.50101...324.53519)
  8. The Timber Industry (324.50101...324.50707)
  9. Part 505 Michigan Forest Finance Authority (324.50501...324.50522)
  10. Personal Liability on Bonds or Notes.

Checkout our iOS App for a better way to browser and research.

Sec. 50516.

Neither the members of the authority nor any person executing bonds or notes issued under this part or any person executing any agreement on behalf of the authority is liable personally on the bonds or notes by reason of their issuance.

History: Add. 1995, Act 57, Imd. Eff. May 24, 1995
Popular Name: Act 451
Popular Name: NREPA


Download our app to see the most-to-date content.