Title 04 Administrative Agencies and Procedures
Chapter 04.25A United Native Americans Public Development Authority
Section 04.25A.030 City Liability Limited
The authority is an independent legal entity exclusively responsible for its own debts, obligations and liabilities. All liabilities incurred by the authority shall be satisfied exclusively from the assets, property and credit of the authority; no creditor or other person shall have any recourse to the assets, credit or services of the City on account of any debts, obligations (including bonds), liabilities, acts or omissions of the authority.
Date Passed: Monday, March 26, 2007
Effective Date: Sunday, May 6, 2007
Recodification ORD C33995 Section 1