Sec. 2306.375. PERSONAL LIABILITY OF BOARD MEMBER OR DIRECTOR. A member of the board or the director is not liable personally for bonds issued or contracts executed by the department or for any other action taken in accordance with the powers and duties authorized by this chapter.
Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. Sept. 1, 1993. Amended by Acts 1997, 75th Leg., ch. 980, Sec. 43, eff. Sept. 1, 1997.
Structure Texas Statutes
Subtitle G - Economic Development Programs Involving Both State and Local Governments
Chapter 2306 - Texas Department of Housing and Community Affairs
Subchapter Q. Housing Finance Division Bonds: Board Action on Bonds
Section 2306.371. Board Authorization of Bonds
Section 2306.372. Department Procedures
Section 2306.373. Use of Bond Proceeds
Section 2306.374. Facsimile Signatures and Seals
Section 2306.375. Personal Liability of Board Member or Director