The bonds, notes, and other obligations of the authority shall not be a legal or moral
debt of the state, nor a legal debt of the county, and neither the state nor the county
shall be liable thereon, nor shall the same be payable out of any funds other than
those of the authority, unless the county voluntarily and formally assumes liability
therefor. No recent action by the state in recognizing any legal or moral obligation for any
indebtedness of any other authority shall in any way be construed as creating any
liability for any indebtedness of this authority.
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