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Limited Purpose Local Government Entities - Other Entities | |
Special Service District Act | |
Section 508 | Special service district obligations are not obligations of any other entity. |
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17D-1-508. Special service district obligations are not obligations of any other
entity. A special service district bond, note, or other obligation or indebtedness, whether or not payable from taxes, may not be: (1) considered to be a bond, note, or other obligation or indebtedness of or to be enforceable against the state or a county, municipality, school district, or other political subdivision of the state; or (2) taken into account in calculating a debt limit applicable to the state or a county, municipality, school district, or other political subdivision of the state.
Enacted by Chapter 360, 2008 General Session |
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