No bonds, notes, or other obligations of and no indebtedness incurred by the authority shall constitute an indebtedness or obligation of the State of Georgia or any county, municipal corporation, or political subdivision thereof nor shall any act of the authority in any manner constitute or result in the creation of an indebtedness of the state or any such county, municipal corporation, or political subdivision. No holder or holders of any such bonds, notes, or other obligations shall ever have the right to compel any exercise of the taxing power of the state or any county, municipal corporation, or political subdivision thereof nor to enforce the payment thereof against the state or any such county, municipal corporation, or political subdivision.
Section: Previous 46-9-320 46-9-321 46-9-322 46-9-323 46-9-324 46-9-325 46-9-326 46-9-327 46-9-328 46-9-329 46-9-330 46-9-331 46-9-332 NextLast modified: October 14, 2016