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Current as of January 01, 2025 | Updated by Findlaw Staff
(1) The directors of the corporation, the advisory committee, or any person executing the bonds, notes or other obligations of the corporation shall not be personally liable for such bonds, notes or other obligations or be subject to any personal liability or accountability by reason of the issuance thereof while acting in the scope of their authority.
(2) The bonds, notes and other obligations of the corporation shall not be a debt of the state or any agency, instrumentality or political subdivision thereof.
Cite this article: FindLaw.com - Mississippi Code Title 43. Public Welfare § 43-33-737 - last updated January 01, 2025 | https://codes.findlaw.com/ms/title-43-public-welfare/ms-code-sect-43-33-737/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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