Sec. 9. Any bonds, debt, other securities, or other financing issued for the purposes of this article shall not be considered to constitute a debt of the state or any political subdivision of the state or a pledge of the faith and credit of the state or any political subdivision.
Ind. Code § 8-15.7-8-9
Debt issued for qualifying project not a debt or pledge of the state or a political subdivision
As added by P.L.47-2006, SEC.40.
Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.