No member of the board shall be personally liable on the bonds or for any damages sustained by anyone in connection with any contracts entered into in carrying out the purposes and intent of this chapter unless he shall have acted with corrupt intent.
Structure Arkansas Code
Subtitle 7 - Water and Soil Improvement Districts
Chapter 122 - Municipal Drainage Improvement Districts
Subchapter 2 - District Financing
§ 14-122-201. Authority to borrow money and issue bonds or certificates — Security
§ 14-122-203. Authorizing resolution
§ 14-122-205. Contents of bonds
§ 14-122-207. Execution of bonds — Seal
§ 14-122-208. Security and payment of bonds
§ 14-122-209. Bonds — Tax exemption
§ 14-122-210. Board liability on bonds
§ 14-122-211. Additional funds — Supplemental annual assessment