Colorado Statutes
§ 32-15-125 — Limitations upon liabilities
Neither the directors nor any person
executing any obligations issued pursuant to the provisions of this article shall be
personally liable on the obligations by reason of the issuance thereof. Obligations
issued pursuant to this article shall not in any way create or constitute any
indebtedness, liability, or obligation of the state or of any political subdivision
thereof, except the district, and nothing in this article shall be construed to
authorize the district to incur any indebtedness on behalf of or in any way to
obligate the state or any political subdivision thereof, except the district, and
nothing in this article shall be construed to authorize the district to incur any
indebtedness on behalf of or in any way to obligate the state or any political
subdivision thereof,
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Legislative History
Source: L. 96: Entire article added, p. 1074, � 1, effective May 23.
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