Section 53G-5-604 - Limited obligationsExcept as provided in Section 53G-5-607, 53G-5-608, or 53G-5-609, bonds, notes, and other obligations issued by the authority:
(1) do not constitute a debt, moral obligation, or liability of the state, or of any county, city, town, school district, or any other political subdivision of the state;(2) do not constitute the loan of credit of the state or of any county, city, town, school district, or any other political subdivision of the state; and(3) may not be paid from funds other than loan payments or lease revenues received from a charter school or other funds pledged by a charter school.Renumbered from § 53A-20b-105 and amended by Chapter 3, 2018 General Session ,§ 123, eff. 1/24/2018.Amended by Chapter 201, 2012 General Session ,§ 8, eff. 7/1/2012.Enacted by Chapter 167, 2007 General Session