No officer, employee, or member of the issuer shall be personally liable on any bonds issued under the provisions of this subchapter or for any damages sustained by any person in connection with any contracts entered into to carry out the purposes and intent of this subchapter, unless that person has acted with a corrupt intent.
Structure Arkansas Code
Subtitle 8 - Public Facilities Generally
Chapter 142 - Local Government Library Bonds
Subchapter 2 - Local Government Library Bond Act
§ 14-142-202. Legislative intent
§ 14-142-205. Subchapter supplemental
§ 14-142-207. Bonds generally — Authorizing ordinance for municipalities
§ 14-142-208. Bonds generally — Election to authorize issuance
§ 14-142-209. Bonds generally — Terms and conditions
§ 14-142-210. Bonds generally — Interest rates
§ 14-142-211. Bonds generally — Trust indenture
§ 14-142-212. Bonds generally — Contents
§ 14-142-213. Bonds generally — Sale
§ 14-142-214. Bonds generally — Execution
§ 14-142-215. Bonds generally — Successive issues
§ 14-142-216. Bonds generally — Pledge of taxes generally
§ 14-142-217. Bonds generally — Liability
§ 14-142-218. Bonds generally — Pledge and collection of ad valorem taxes
§ 14-142-219. Bonds generally — Interim borrowing