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, except as specifically provided in this article.
Source: L. 89: Entire article added, p. 1338, § 1, effective June 2.
Structure Colorado Code
Article 14 - Denver Metropolitan Major League Baseball Stadium District
§ 32-14-102. Legislative Declaration
§ 32-14-104. Creation of District - Area of District
§ 32-14-105. Authorizing Election
§ 32-14-106. Board of Directors - Membership - Qualifications
§ 32-14-107. Board of Directors - Powers and Duties
§ 32-14-108. Conflicts of Interest Prohibited
§ 32-14-109. Records of Board - Audits - Legislative Oversight - Powers and Duties of State Auditor
§ 32-14-110. Privatization - Study and Consideration
§ 32-14-111. Criteria - Stadium Site - Stadium
§ 32-14-114. Sales Tax Imposed - Collection - Administration of Tax - Discontinuance
§ 32-14-115. Sales Tax Revenues - Use
§ 32-14-116. Operating Revenues - Use
§ 32-14-117. Issuance of Special Obligation Bonds
§ 32-14-118. Pledge of Sales Tax Revenues and Net Operating Revenues
§ 32-14-119. Payment, Recital, and Securities
§ 32-14-120. Incontestable Recital in Securities
§ 32-14-121. Limitation Upon Payment
§ 32-14-123. Sale of Special Obligation Bonds
§ 32-14-125. Management Agreement - Operation of Stadium
§ 32-14-126. Lease of Stadium - Major League Baseball Franchise
§ 32-14-126.5. Revenue Sharing
§ 32-14-128. Limitations Upon Liabilities
§ 32-14-129. Sale of Real and Personal Property of District
§ 32-14-130. Limitations Upon Promotional Activities
§ 32-14-131. Colorado Baseball Commission - Creation - Membership