Partnertax.ai Start free trial

D.C. Code § 47-340.33

Limited liability.

Official textus-dc/statcode.dccouncil.gov
Summarize

No person, including any bond owner, shall have any claims against the District or any of its elected or appointed officials, officers, employees, or agents for monetary damages suffered as a result of the failure of the District to perform any covenant, undertaking, or obligation under this subchapter, the bonds, the Financing Documents, or the Closing Documents, or as a result of the incorrectness of any representation in or omission from the Financing Documents or the Closing Documents, unless the District or its elected or appointed officials, officers, employees, or agents have acted in a willful and fraudulent manner.

Source: official DC Code section page (code.dccouncil.gov)

Report a problem

What's wrong?

Sent anonymously with this page's citation. No personal information is collected.
In this chapter (40 sections)
  1. 47-340.08 · Authorized delegation of authority.
  2. 47-340.09 · Limited liability.
  3. 47-340.10 · District officials.
  4. 47-340.11 · Maintenance of documents.
  5. 47-340.12 · Information reporting.
  6. 47-340.13 · Disclaimer.
  7. 47-340.14 · Expiration.
  8. 47-340.15 · Severability.
  9. 47-340.16 · Conflict of laws.
  10. 47-340.20 · Program fee.
  11. 47-340.21 · Deposit of fees and other monies.
  12. 47-340.22 · Allocation of funds.
  13. 47-340.23 · Use of funds allocated.
  14. 47-340.26 · Definitions.
  15. 47-340.27 · Creation of the Income Tax Secured Bond Fund.
  16. 47-340.28 · Bond authorization.
  17. 47-340.29 · Bond details.
  18. 47-340.30 · Issuance of the bonds.
  19. 47-340.31 · Payment and security.
  20. 47-340.32 · Financing and closing documents.
  21. 47-340.33 · Limited liability.
  22. 47-340.34 · District officials.
  23. 47-340.35 · Maintenance of documents.
  24. 47-340.36 · Information reporting.
  25. 47-341 · Definitions.
  26. 47-342 · Mayor to invest or deposit certain funds.
  27. 47-343 · Selection of depositories and investments.
  28. 47-344 · Ranking of depositories; qualifying loans; information…
  29. 47-345 · Limitation on amount.
  30. 47-345.01 · Cashing government checks of District residents required.
  31. 47-346 · Required collateral and financial information.
  32. 47-347 · Public disclosure of certain information; required reports by…
  33. 47-348 · Termination of depositories or refusal of contracts; immediate…
  34. 47-349 · Powers of Mayor and District of Columbia Auditor;…
  35. 47-350 · Authorized staff for District of Columbia Auditor and…
  36. 47-351.01 · Definitions.
  37. 47-351.02 · Powers of the Mayor.
  38. 47-351.03 · General deposit and investment requirements.
  39. 47-351.04 · Eligibility requirements; bidding; awards process.
  40. 47-351.05 · Competition for banking business.
Full table of contents →