17-5-1509. Personal liability. The board and employees of the department are not personally liable or accountable by reason of the issuance of or on any bond or note issued by the board.
History: En. Sec. 7, Ch. 686, and Sec. 9, Ch. 701, L. 1983.
Structure Montana Code Annotated
Part 15. Economic Development Bonds
17-5-1502. Legislative declaration
17-5-1504. Powers of the board
17-5-1505. Financing programs of the board
17-5-1506. Bonds and notes for projects and major projects
17-5-1507. Bond anticipation notes -- issuance -- payment of principal and interest
17-5-1508. Provisions of bond resolutions
17-5-1510. Purchase of notes and bonds -- cancellation
17-5-1512. Negotiability of bonds
17-5-1513. Signatures of board members
17-5-1515. Reserve funds and appropriations
17-5-1516. Maintenance of capital reserve account
17-5-1517. Refunding obligations
17-5-1518. Tax exemption of bonds
17-5-1522. Pledge of the state
17-5-1523. Credit of state not pledged
17-5-1524. Taxation of projects
17-5-1525. Bonds as legal investment
17-5-1526. Procedure prior to financing projects