17D-1-508. Special service district obligations are not obligations of any other entity.
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/ut/title-17d/chapter-1/17d-1-508·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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