TITLE 67

STATE GOVERNMENT AND STATE AFFAIRS

CHAPTER 64

IDAHO STATE BUILDING AUTHORITY ACT

67-6419.  Limitation of liability on authority obligations. The notes, bonds or other obligations of the authority shall not be or become 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 or county within the state nor shall such notes, bonds or obligations of the 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 or municipality or county within the state, nor shall they be payable out of any funds other than those of the authority; and such notes and bonds shall contain on the face thereof a statement to such effect.

History:

[67-6419, added 1974, ch. 111, sec. 19, p. 1263.]