(a) The authority may do the following:
(1) Employ:
- (A) fiscal consultants;
- (B) engineers;
- (C) bond counsel;
- (D) other special counsel;
- (E) accountants; and
(F) any other consultants, employees, and agents;
that the authority considers necessary to carry out the purposes of this chapter.
- (2) Fix and pay the compensation of persons employed under subdivision (1) from money available in the fund or otherwise made available for the program.
- (3) Provide services to a political subdivision in connection with a loan or other financial assistance, including advisory and other services.
- (b) Notwithstanding any other law, the authority, program, or fund, or any person or agent acting on behalf of the authority or program, is not liable in damages or otherwise to any political subdivision for any act or omission in connection with a loan or other financial assistance, or any application, service, or other undertaking, allowed by or taken under this chapter.
- (c) No direction given by or service or other undertaking allowed or taken under this chapter by the authority is a defense for or otherwise excuses any act or omission of a political subdivision otherwise required or imposed by law upon a political subdivision.
As added by P.L.59-1997, SEC.13. Amended by P.L.235-2005, SEC.174.