§ 33643 Bond Issuer Liability Protection

• •People who work for the agency or help make the bonds are not personally responsible for paying them back.
• •If something goes wrong with the bonds, you can't sue these people to get money from them.
• •This rule is there to protect the people who help make the bonds, not the agency itself.

A city needs money to build a new park, so they sell bonds to raise the money. The mayor and city workers help make this happen.

If the city can't pay back the bonds later, the people who bought the bonds can't go after the mayor or city workers' personal money. They can only try to get the money back from the city.