Texas Education Code

§ 53.352 — LIMITATION ON LIABILITY OF CORPORATION

ED § 53.352Title 3. HIGHER EDUCATION · Part A. HIGHER EDUCATION IN GENERAL · Ch. 53. HIGHER EDUCATION FACILITY AUTHORITIES FOR PUBLIC SCHOOLS · Art. C. POWERS AND DUTIES

Statute text

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A director, officer, or employee of the nonprofit corporation established by the Texas Public Finance Authority under Section 53.351 is not personally liable:

(1)for damage, loss, or injury resulting from the performance of the person's duties under Section 53.351; or

(2)on any commitment or agreement executed on behalf of the corporation under Section 53.351.

Legislative history

Added by Acts 2015, 84th Leg., R.S., Ch. 800 (H.B. 2851), Sec. 2, eff. June 17, 2015.