17-5-925. Personal liability -- suit to compel performance. (1) The members of the board and officers and employees of the departments, boards, or agencies of state government are not personally liable or accountable by reason of the issuance of or on any bond issued by the board under this part.
(2) Any holder of bonds issued under this part or any person or officer who is a party in interest, subject to any applicable agreements or trust indentures, may sue to enforce and compel the performance of the bond provisions as set out in this part.
History: En. Sec. 12, Ch. 557, L. 1983.
Structure Montana Code Annotated
17-5-904. through 17-5-910 reserved
17-5-911. Highway revenue bond debt service account -- deposit of bond proceeds
17-5-912. Pledge of highway revenues
17-5-913. Authority to issue highway revenue bonds
17-5-914. Continuation of taxes -- limit on additional highway revenue bonds
17-5-915. through 17-5-920 reserved
17-5-921. Bond anticipation notes -- issued when -- payment of principal and interest
17-5-922. Form -- principal and interest -- fiscal agent -- bonds authorized
17-5-924. Provisions for protecting bondholders
17-5-925. Personal liability -- suit to compel performance
17-5-926. Negotiability of bonds
17-5-927. Signatures of board members