| 2.__Credit not pledged.__Bonds issued under this chapter do |
not constitute or create any debt or liability on behalf of the |
State or of any political subdivision of the State or the |
authority, a loan of the credit of the State or a pledge of the |
faith and credit of the State or of any political subdivision of |
the State or the authority, but are payable solely from the funds |
provided for those bonds.__All the bonds must contain a statement |
to the effect that the State, any political subdivision of the |
State or the authority is not obligated to pay the bonds or the |
interest on the bonds, except from funds provided for those bonds |
pursuant to one or more agreements, and that neither the faith |
and credit nor the taxing power of the State or of any political |
subdivision of the State is pledged to the payment of the |
principal of, premium, if any, or the interest on such bonds.__ |
The issuance of bonds under this chapter does not directly or |
indirectly or contingently obligate the State or any political |
subdivision of the State to levy or to pledge any form of |
taxation whatever or to make any appropriation for the bonds' |
payment. |