Ind. Code § 5-1-17.5-20 – Personal liability of directors | Midpage
§ 20
Ind. Code § 5-1-17.5-20
Personal liability of directors
As added by P.L.233-2013, SEC.5.
The directors of the board are not subject to personal liability or accountability by reason of any act authorized by this chapter with respect to the:
(1) issuance of any obligations;
(2) execution of any lease or sublease; or
(3) execution of any other agreement under this chapter.