Issuance of Obligations: No Personal Liability. Neither the directors of NMHC nor any person executing the obligations shall be liable personally on the obligations. Source: DL 5-67, § 6-2; amended by PL 20-87 § 6 (Feb. 5, 2019). Commission Comment: [Historical comments removed.] In codifying PL 20-87 § 6, which mandated a global amendment to Chapter 4, the Commission replaced the reference to “MIHA” with “NMHC” within this section.
Issuance of Obligations: No Personal Liability
2 CMC § 4442, under Mariana Islands Housing Authority (NMHC).
2 CMC § 4442