The bonds or notes:(1) constitute the corporate obligations of the IFA or the NWIRDA;(2) do not constitute an indebtedness of the state within the meaning or application of any constitutional provision, prohibition, or limitation; and(3) are payable solely as to both principal and interest from:(A) the revenues from a lease to the NWIRDA, if any;(B) other available revenues, if any;(C) proceeds of bonds or notes, if any; or(D) investment earnings on proceeds of bonds or notes.As added by P.L.189-2018, SEC.26.
Indiana Legal Code