{"data":{"id":"us-in/ic-5-1.2-4-8","jurisdiction":"us-in","citation":"IC 5-1.2-4-8","heading":"Bonds; liability of state","body":"Sec. 8. No bonds issued by the authority under this article shall constitute a debt, liability, or obligation of the state, or a pledge of the faith and credit of the state, but shall be payable solely as provided by section 7 of this chapter. Each bond issued under this article shall contain on its face a statement that neither the faith and credit nor the taxing power of the state is pledged to the payment of the principal of or the interest on the bond.","path":["TITLE 5. STATE AND LOCAL ADMINISTRATION","ARTICLE 1.2. INDIANA FINANCE AUTHORITY","Chapter 4. General Powers and Duties"],"source_url":"https://iga.in.gov/ic/2026/Title_5.html#5-1.2-4-8","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-02T16:11:39Z","sha256":"5606ccba4ac8e058a1af80098dfa25fb1a0daad366cfdcb3d3adecfaccf6b145","source_id":"us-in","stale":false,"prev":"us-in/ic-5-1.2-4-7","next":"us-in/ic-5-1.2-4-9"},"notice":"GroundRules: Original legal text. Not legal advice."}