(a) The county judge of the county or the mayor of the municipality in which an improvement district lies shall appoint an administrator of the improvement district to act as the board of commissioners if all positions on a board of commissioners of the improvement district are vacant and no interested property owner within the improvement district boundaries is willing to serve as a commissioner.
(b) The administrator appointed under subsection (a) of this section:
(1) Is subject to the applicable laws of the improvement district;
(2) Shall provide evidence of his or her economic viability;
(3) Shall receive such payment for his or her services as the county judge or the mayor may allow;
(4) Shall serve at the pleasure of the county judge or mayor or until an interested property owner in the improvement district boundaries is willing to serve as commissioner of the improvement district; and
(5) Is not liable for damages in connection with the improvement district unless the administrator acted with corrupt and malicious intent.
(c) This section does not apply to a general consolidated public utility system improvement district established under the General Consolidated Public Utility System Improvement District Law, § 14-217-101 et seq.