17D-1-508 - Special service district obligations are not obligations of any other entity.
17D-1-508. Special service district obligations are not obligations of any otherentity.
A special service district bond, note, or other obligation or indebtedness, whether or notpayable from taxes, may not be:
(1) considered to be a bond, note, or other obligation or indebtedness of or to beenforceable against the state or a county, municipality, school district, or other politicalsubdivision 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