The County Executive, County Fiscal Officer, Deputy Fiscal Officer, Finance Director and President of Council when acting as investing advisory and authorities, together with their bondsmen and sureties, shall be relieved of any liability for the loss of any public moneys deposited or invested by them when they have acted pursuant to law or the ordinances and resolutions of the County. However, in no event shall there be any liability where the proximate cause of the loss is due to a risk arising from an investment reasonably made within their authority.
(Ord. 82-264. Adopted 6-3-82.)