Section 13-56-5 - Public credit not pledged for student loan program

13-56-5. Public credit not pledged for student loan program.The credit of the state, or any of its departments or subdivisions, shall never be encumbered or obligated, under the provisions of this chapter, or in any of its operations or applications. Source: SL 1966, ch 210, §6; SL 1978, ch 130, §4.