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2017 Utah Code
Title 53B - State System of Higher Education
Chapter 13 - Higher Education Loan Act
Section 112 - Separation of duties, responsibilities, funds, liabilities, and expenses -- Immunity from personal liability.
Universal Citation: UT Code § 53B-13-112 (2017)
53B-13-112. Separation of duties, responsibilities, funds, liabilities, and expenses -- Immunity from personal liability.
Enacted by Chapter 167, 1987 General Session
- (1) The duties, responsibilities, funds, liabilities, and expenses of the board under this chapter shall be maintained wholly separate and apart from their other duties, responsibilities, funds, liabilities, and expenses.
- (2) A member of the board or a person executing the notes, bonds, or other obligations of the board is not personally liable for the repayment of the note, bond, or other obligation or subject to personal liability or accountability by reason of its issuance or nonissuance.
Enacted by Chapter 167, 1987 General Session
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