By its acceptance of the loan agreement, the political subdivision releases and discharges the department, its officers, agents (including its financial agent), and employees from all liabilities, obligations, and claims arising out of the project work under the loan agreement.

History: Effective January 1, 2019.

General Authority: NDCC 61-28.2-01; S.L. 2017, ch. 199, § 1

Law Implemented: NDCC 61-28.2-01; S.L. 2017, ch. 199, § 70