Mich. Comp. Laws § 331.1410

Current through Public Act 171 of the 2024 Legislative Session
Section 331.1410 - Personal liability on notes or corporation obligations

Neither the trustees of a corporation or subsidiary corporation nor any person executing notes or corporation obligations under this act shall be liable personally on the notes or corporation obligations or be subject to any personal liability or accountability by reason of the issuance thereof.

MCL 331.1410

1987, Act 230, Eff. 2/27/1988 .