Credit risk. A credit risk is the risk of default on a debt that may arise from a borrower failing to make required payments. In the first resort, the risk is that of the lender and includes lost principal and interest, disruption to cash flows, and increased collection costs. The loss may be complete or partial.
Sith Councils. Below the Darth Council, there are three ruling councils of the Sith Order. Each council plays a pseudo-bureaucratic role in their individual fields. The councils are led by a Master Sith Marauder, whose role is to dictate the direction of his/her council. Below the Master Sith Marauders are the Sith Marauders, each leading an individual section of the council.
As the head of the city, the mayor officially speaks for both the government and the community as a whole. In all statutory cities and in most charter cities, the mayor is the presiding officer and a regular member of the city council. The mayor has all the powers and duties for the office of council member in addition to those of mayor. In a home rule charter city, the charter spells out the duties and responsibilities of the mayor. 1  Mayors of statutory cities have the following roles: 2  Official head of the city. - The mayor usually serves as the cityâs representative before the Minnesota Legislature, federal agencies, and other local governments.