California Government Code 6547.8 – No member of the governing body of the authority shall be personally …
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No member of the governing body of the authority shall be personally liable on the bonds or be subject to any personal liability or accountability by reason of the issuance of bonds pursuant to this chapter.
(Added by Stats. 1997, Ch. 920, Sec. 1. Effective October 12, 1997.)
Terms Used In California Government Code 6547.8
- bonds: means revenue bonds, notes or other evidences of indebtedness. See California Government Code 6540
- Governing body: as used in this article means the board or commission provided for by a joint powers agreement, pursuant to Article 1 of this chapter. See California Government Code 6543