§ 17D-1-508. Special service district obligations are not obligations of any other entity.

Latest version.

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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