Separate Legal Entity. The Transit Authority shall be a public entity duly formed under the laws of the State of California. It shall be a legal entity that is separate and distinct from Member Agencies. The debts, liabilities, and obligations of the Transit Authority shall be the sole responsibility of the Transit Authority and not of its officers, employees, agents or Member Agencies.
Appears in 4 contracts
Sources: Agreement to Form Joint Powers Authority, Agreement to Form Joint Powers Authority, Joint Powers Authority Agreement