A Material Safety Data Sheet, or MSDS as it is commonly known, is a document that contains information intended to describe product hazards, how to use our products safely, what to do if accidents should occur, how to recognize symptoms of overexposure, and what to do if such incidents occur.
I work with acrylic paints, and even though they are water-based products and most are non-toxic, it is still a good idea to find the MSDS sheet for your brand(s) of paint and have a look....it would be more important to know this information with oil paints and solvents.
I also like to have an eye-wash station nearby as you can occasionally get paint in your eye....it won't hurt but it is best to wash it out as quickly as possible. I have had to stick my head under the kitchen sink and wash my eye out....the eye-wash station is definitely easier...
Safety should be first in all aspects of our lives....including painting!