§211F-14 - Limitation on liability.
[§211F-14] Limitation on liability.
Chapters 661 and 662 or any other law to the contrary notwithstanding, nothing
in this chapter shall create an obligation, debt, claim, cause of action, claim
for relief, charge, or any other liability of any kind whatsoever in favor of
any person or entity, without regard to whether that person or entity receives
any benefits under this chapter, against the State or its officers and
employees. The State and its officers and employees shall not be liable for
the results of any investment, purchase of securities, loan, or other
assistance provided pursuant to this chapter. Nothing in this chapter shall be
construed as authorizing any claim against the corporation in excess of any
note, loan, or other specific indebtedness incurred by the corporation or in
excess of any insurance policy acquired for the corporation or its employees.
[L 1990, c 110, pt of §3]