810

(a) There is hereby created the Virgin Islands Economic Development Park Corporation, (hereinafter referred to as 'the Corporation'), as a discrete but integral part of the Economic Development Authority established in chapter 17 of title 29, Virgin Islands Code.\n(b) The Corporation is hereby created as a body corporate and politic, constituting a public corporation and instrumentality as a subsidiary entity of, subordinate in administration and operation to the Virgin Islands Economic Development Authority. Its debts, obligations, contracts, bonds, receipts, expenditures, funds, accounts, projects and property shall be debts of the Corporation and not those of the Government of the Virgin Islands or any office, bureau, department, commission, officer, agent or employee thereof.