380.0669 State and local government liability on bonds.—The bonds of the land authority shall not be a debt of the state or of any local government other than the land authority, and neither the state nor any local government other than the land authority shall be liable thereon. Except for revenues specifically designated by this act for use by the land authority, the land authority shall not have the power to pledge the credit, the revenues, or the taxing power of the state or of any local government; and except as provided in this act neither the credit, the revenues, nor the taxing power of the state or of any local government shall be, or shall be deemed to be, pledged to the payment of any bonds of the land authority.
History.—s. 1, ch. 86-170; s. 8, ch. 88-164.
Section: Previous 380.0662 380.0663 380.0664 380.0665 380.0666 380.0667 380.0668 380.0669 380.0671 380.0672 380.0673 380.0674 380.0675 380.0685 380.07 NextLast modified: September 23, 2016