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Wildly outside my own lane here, but hoping ... by CJC
that posters who actually know what in the hell they're talking about will weigh in ...
How can a unit of a governmental entity "privatize" in such a way so as to avail itself of protections not available to governmental entities while also retaining other benefits uniquely available to governmental entities entities, such as liability caps and shields, tax benefits and God knows what else.
If it is permissible for such an entity to have the best of both worlds under current laws, I'm led to wonder whether it should be.