Statutes > New Mexico Statutes > Chapter 58 - Financial Institutions and Regulations. > Article 23 - Hospital Equipment Loans, 58-23-1 through 58-23-32. > Section 58-23-25 - Council members; limitation on personal liability.

Section 58-23-25 - Council members; limitation on personal liability.

58-23-25. Council members; limitation on personal liability.

Neither the members of the council nor any other person executing the bonds issued under the Hospital Equipment Loan Act [58-23-1 NMSA 1978] shall be subject to personal liability in connection with issuance of the bonds.