Obligations Not Debt of State

Ala. Code § 41-10-466, under Alabama Building Renovation Finance Authority.

Ala. Code § 41-10-466

All obligations incurred by the authority and all bonds issued by it shall be solely and exclusively an obligation of the authority and shall not create an obligation or debt of the State of Alabama. (Acts 1990, No. 90-602, p. 1079, §17.)