35-1003. Enforceability
Absent bad faith or actual knowledge to the contrary, a counterparty that enters into a swap agreement with a governmental entity may rely on a representation by that governmental entity that it is authorized or empowered to enter into the swap agreement. Notwithstanding the failure by that governmental entity to comply with the provisions of this chapter, that counterparty may enforce the swap agreement against the governmental entity.
Section: Previous 35-909 35-910 35-911 35-912 35-913 35-1001 35-1002 35-1003 35-1004 35-1005 35-1101 35-1201 35-1202 35-1203 35-1204 NextLast modified: October 13, 2016