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RSA 162-S:8 · No Personal Liability

162-S:8 No Personal Liability. – No designated member, director, officer, employee, or agent of the authority, the business finance authority, or a business entity created under RSA 162-S:4, III shall be liable personally on the bonds or any contract entered into by the authority or such business entity or subject to any personal liability or accountability by reason of the issuance of the bonds, unless the personal liability or accountability is the result of willful misconduct. Source. 2018, 331:1, eff. June 25, 2018.

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Source note

Source. 2018, 331:1, eff. June 25, 2018.

Source history

  • 2018, 331:1, eff. June 25, 2018

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Bill relationships

  • 2026 SB56 reference · effective 2031-07-01

    rict or limit in any manner the exercise by the BFA of its rights, powers, duties or purposes, or to its ownership and holding of properties and assets under RSA 162-A, RSA 162-I, RSA 162-S, RSA 162-T or any other provision of law applicable to the BFA, including without limitation the power of the BFA to issue bonds under said chapters RSA 162-A, RSA 162-I, RSA 162-S, RSA 162-T or under any such other pro