Ark. Code Ann. § 15-4-414

No personal liability

Year: 2026Length: 142 words
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. Acts 1985, No. 869, § 8; A.S.A. 1947, § 9-576; Acts 1997, No. 540, § 27. 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. Acts 1985, No. 869, § 8; A.S.A. 1947, § 9-576; Acts 1997, No. 540, § 27.
Ark. Code Ann. § 15-4-414: No personal liability | Justis AI