KRS 184.370: Bonds not a debt of the state.

(1) Bonds issued by a district do not constitute a debt, or a pledge of the faith and

credit, of the state or of any political subdivision of the state. Bond service charges

on outstanding bonds are payable solely from the pledged revenues pledged for their

payment as authorized by KRS 184.350 to 184.395 and as provided in the bond

proceedings. All bonds shall contain on their face a statement to that effect.

(2) All expenses incurred in carrying out KRS 184.350 to 184.395 shall be payable

solely from revenues provided under KRS 184.350 to 184.395. KRS 184.350 to

184.395 does not authorize the board of trustees of a district to incur indebtedness

or liability on behalf of or payable by the state or any political subdivision of the

state.