Sec. 503.052. LIMITATION ON LIABILITY  


Latest version.
  • A director, officer, employee, or member of the economic development office acting on behalf of the Texas Small Business Industrial Development Corporation is not personally liable:

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

    (2) on any commitment or agreement executed on behalf of the corporation under this subtitle.

Added by Acts 2007, 80th Leg., R.S., Ch. 885 , Sec. 3.01, eff. April 1, 2009.