The bonds or notes issued under this chapter:(1) constitute the corporate obligations of the authority;(2) do not constitute an indebtedness of the state within the meaning or application of any constitutional provision or limitation; and(3) are payable solely as to both principal and interest from:(A) the revenues from a lease to the department, if any;(B) proceeds of bonds or notes, if any;(C) investment earnings on proceeds of bonds or notes; or(D) other funds available to the authority for such purpose.As added by P.L.47-2006, SEC.40.
Indiana Legal Code