58-255 Authority; bond issuance; state; no obligation; statement.

NE Code § 58-255 (2019) (N/A)
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58-255. Authority; bond issuance; state; no obligation; statement.

No bonds issued by the authority under the Nebraska Investment Finance Authority Act shall constitute a debt, liability, or general obligation of this state or a pledge of the faith and credit of this state but shall be payable solely as provided by section 58-254. Each bond issued under the act shall contain on the face of such bond a statement that neither the faith and credit nor the taxing power of this state is pledged to the payment of the principal of or the interest on such bond.

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