State debt not created, §50-39-37

State financing and investment commission. Approval by commission of bonds and other obligations, §50-39-39. Grants. Powers of authority, §50-39-11. Use of funding resources, §50-39-30. Jurisdiction of authority, §50-39-10. Liability of authority. Limitation on liability, §50-39-17. Liberal construction to effect purposes of provisions, §50-39-60. Local governments, project procedures, §§50-39-50 to 50-39-53. Definition of local government, §50-39-2. Lease agreements to provide transit services or projects or air quality services. Authority of local government, §50-39-50. Competitive bidding not required, §50-39-50. Contents, §50-39-50.