Idaho Statutes

§ 39-8110 — LIMITATION OF LIABILITY — NOTES AND BONDS ARE NOT A DEBT OF THE STATE

Idaho·Title 39 HEALTH AND SAFETY·Ch. 81 BASIN ENVIRONMENTAL IMPROVEMENT ACT
The notes, bonds or other obligations of the financing authority are not an indebtedness or obligation of the state of Idaho, or of any department, board, commission, agency, political subdivision, body corporate and politic, or instrumentality of a municipality or county within the state, nor shall such notes, bonds or obligations of the financing authority constitute the giving or loaning of the credit of the state of Idaho, or of any department, board, commission, agency, political subdivision, body corporate and politic or instrumentality of a municipality or county within the state, nor shall they be payable out of any funds other than those of the financing authority; and the notes and bonds shall contain on the face thereof a statement to that effect.

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Idaho § 39-8110 (LIMITATION OF LIABILITY — NOTES AND BONDS ARE NOT A DEBT OF THE STATE) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

[39-8110, added 2001, ch. 371, sec. 2, p. 1307.]

Nearby Sections

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