Section 15.082 Obligations of Public Corporations
15.082 OBLIGATIONS OF PUBLIC CORPORATIONS.
Notwithstanding any other law, the state is not liable for obligations of a public corporation created by statute. Upon dissolution of the public corporation, its wholly owned assets become state property. Partially owned assets become state property to the extent that state money was used to acquire them.
This section does not apply to a public corporation governed by chapter 119.
History:
1990 c 594 art 1 s 41