(A) The Council intends by §§ 2-8-2-1 et seq. to provide for the establishment of a Risk Management Function, a municipal public liability fund which shall be known as the Risk Management Fund, and to provide for insurance or self-insurance in accordance with the Tort Claims Act, Sections 41-4-1 et seq. NMSA 1978.
(B) Sections 2-8-2-1 et seq. shall be interpreted in a manner consistent with the express requirements of the New Mexico Tort Claims Act applicable to home rule municipalities electing to insure or self-insure through a municipal liability fund.
(C) Nothing in §§ 2-8-2-1 et seq. shall be construed as limiting the powers of the city as a home rule municipality which has adopted a charter pursuant to Article X, Section 6 of the Constitution of New Mexico.
(D) Nothing in §§ 2-8-2-1 et seq. shall be construed as a waiver of any sovereign governmental immunity.
('74 Code, § 1-15-3) (Ord. 95-1983; Am. Ord. 66-1986)