Debt Issued for Qualifying Project Not a Debt or Pledge of the State or a Political Subdivision

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Sec. 9. Any bonds, debt, other securities, or other financing issued for the purposes of this article shall not be considered to constitute a debt of the state or any political subdivision of the state or a pledge of the faith and credit of the state or any political subdivision.

As added by P.L.47-2006, SEC.40.


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