Sec. 15. Bonds issued under this chapter do not create a moral obligation of the state to pay all or part of the debt.
Ind. Code § 8-25-5-15
State moral obligation not created
As added by P.L.153-2014, SEC.17.
Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.