{"data":{"id":"us-in/ic-5-1-17.5-20","jurisdiction":"us-in","citation":"IC 5-1-17.5-20","heading":"Personal liability of directors","body":"Sec. 20. 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:\n(1) issuance of any obligations;\n(2) execution of any lease or sublease; or\n(3) execution of any other agreement under this chapter.","path":["TITLE 5. STATE AND LOCAL ADMINISTRATION","ARTICLE 1. BONDS AND OTHER OBLIGATIONS","Chapter 17.5. Motorsports Investment District"],"source_url":"https://iga.in.gov/ic/2026/Title_5.html#5-1-17.5-20","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-02T16:11:39Z","sha256":"4ae25c84c31a2eb814df052a1c46c98a0dbacb2c17f2a31542787189a992a805","source_id":"us-in","stale":false,"prev":"us-in/ic-5-1-17.5-19","next":"us-in/ic-5-1-17.5-21"},"notice":"GroundRules: Original legal text. Not legal advice."}